Stay updated with breaking news from Nhungo. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Indian Oil Corp IOC.NS, the country’s top refiner, has purchased a total of 7 million barrels of crude via tenders for May and June loading, traders said. The refiner bought 4 million barrels of Murban crude and another 3 million of West African crude, they added. Oil majors Total, Shell and BP sold the Murban ...
1 Min Read LONDON (Reuters) - More loading programmes for Nigerian crude in March were issued on Friday while differentials appeared to be under downward pressure from ample supplies in February. NIGERIA * Bonny Light is loading six cargoes in March, while Forcados is loading seven full cargoes and two partial shipments, traders said. Even so, March supply of four main grades is set to be lower than in February. * Differentials have been coming down this week due to ample supply as Qua Iboe exports resume. February-loading Escravos was being offered at dated Brent plus 40 cents a barrel on We...