Nigerian Crude Differentials Expected to Be Weaker on Ample Supply

Nigerian crude differentials were expected on Wednesday to edge down due to ample supply of light, sweet crude.

Qua Iboe was last on offer at dated Brent plus $1.65 for mid-August loading, plus $1.80 for end-August and plus $2.00 for September, with tradeable levels somewhat lower.

Not all of the Nigerian programmes for September have emerged. Forcados, for one, has yet to appear.

 

Source: BizWatchNigeria

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