LONDON, June 30 (Reuters) - Nigerian crude oil cargoes
failed to attract much interest from buyers on Monday, traders
said, with expectations that differentials will fall further
keeping activity thin.
There were still around seven cargoes due to load in August
available on top of more than 50 for July, a trader said.
Slack demand from European refiners that have cut runs due
to lower margins has hit demand, while sharper drops in
differentials in crudes from other regions have limited demand
from Asia and elsewhere.
MPN GLOBAL VENTURES engages in the export of crude oil from Nigeria and as well as import of refined Petroleum Products into Nigeria. As a link agent between the supplier/seller and buyer of Bonny Light Crude Oil (BLCO), FORCADOS (FLCO) Light Crude Oil, QUA IBOE, JET FEUL, DPK-KEROSINE, MAZUT, LPFO in Nigeria. The company was registered and established in Nigeria in the year 2009, November the 11Th and approved by corporate affairs commission (CAC), Federal Republic of Nigeria.
Showing posts with label W. Africa Crude-Sagging. Show all posts
Showing posts with label W. Africa Crude-Sagging. Show all posts
Thursday, July 17, 2014
W. Africa Crude-Sagging demand keeps differentials weak
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