Monday, 16 June 2025 | 15:51
SPONSORS
View by:

Nigerian steady to higher on stronger demand

Monday, 16 June 2025 | 00:00

Nigerian crude differentials were steady to slightly higher on Friday, while some Angolan cargoes for July loading were still looking for buyers.

Nigerian Qua Iboe was last offered at dated Brent plus $2.50, while Forcados was offered at dated plus $3.25 to plus $3.50, steady to higher than previously heard levels.

Bonny Light for July 15-16 was offered this week at dated Brent plus $1.90, a trader said.

Exports of Bonny, Qua and two other key Nigerian grades will average around 694,000 barrels per day (bpd) in July, programmes seen by Reuters showed, down from 760,000 bpd scheduled in June.

On Angolan grades, there are still barrels for July loading looking for buyers ahead of August loading programmes due out next week.

Angolan cargoes offered this week at dated Brent plus $1.25, Gimboa at dated Brent minus 50 cents and Dalia at dated Brent plus 75 cents.
Source: Reuters

Comments
    There are no comments available.
    Name:
    Email:
    Comment:
     
    In order to send the form you have to type the displayed code.

     
SPONSORS

NEWSLETTER