contango
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West Africa to Ship 60 Oil Cargos to Asia in September
Monday, 5th September 2016
The amount of West African crude oil heading east in September is expected to reach a five-month high, driven in part by trading houses. At least 60 cargoes, carrying the equivalent of 1.9mb/d are expected to make the journey.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 63.13 | -0.52% |
Crude Oil (Brent) Brent | USD/bbl | 66.77 | -0.25% |
NYMEX Natural Gas | USD/MMBtu | 2.68 | +0.83% |
OPEC Basket Price | USD/bbl | 64.48 | +1.72% |
Last Modified April 18, 2021