Tuesday 10 November 2015

NIGERIA’S UNSOLD OIL CARGOES REDUCE TO 15

crude-oil-CopyNigeria’s unsold crude oil cargoes, which were over 20 last month, have reduced to 15, according to trade sources.

A fall in futures prices and a strong recovery in gasoline refining margins have helped to shore up demand for light sweet Nigerian crude oil, but slow sales, up until now, have kept differentials, that is, the difference between the sold and unsold, low.

Read more @ The Guardian

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