Nigerian crude
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Unplaced Nigerian Crude Expected to Flow to Europe
Thursday, 9th April 2015
A glut of unplaced Nigerian crude is expected to flow to Europe hoping to find end user demand after weak buying from Asia for Nigerian and West African light sweet crudes over the past month has left a large overhang of March, April and May cargoes.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 62.87 | -0.44% |
Crude Oil (Brent) Brent | USD/bbl | 66.33 | -0.38% |
NYMEX Natural Gas | USD/MMBtu | 2.60 | -0.69% |
OPEC Basket Price | USD/bbl | 61.87 | +0.67% |
Last Modified April 15, 2021