Here is how Nigeria suffered 57,000 barrels per day sale deficit in its December loadings
Nigeria, Africa’s biggest crude oil exporter, has pulled down it’s official selling prices (OSPs) for Bonny Light and Qua Iboe crude oil January loadings.
Platforms Africa reports that the was done through the Nigerian National Petroleum Company Limited (NNPC).
Bonny Light and Qua Iboe crude oil dated Brent is plus 24 cents and plus 34 cents per barrel, respectively in Januar, a report by Reuters stated.
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The December differential for Bonny Light was plus 33 cents and for Qua Iboe plus 40 cents per barrel.
Loading programmes had earlier showed that exports of four of Nigeria’s main crude oil grades rises in December to 564,000 barrels per day (bpd) versus 507,000 bpd planned for November.
