Skip to main content

Trade of Nigerian crude slow as traders await India’s IOC tender results

Trading of Nigerian cargoes have been sluggish as traders awaited the results of a tender from India’s IOC, Reuters reports.

Strengthening demand for gasoline had helped clear some cargoes and support margins for the product, and thus lighter grades of crude oil.
Bonny Light, Escravos and Qua Iboe were all offered at around dated Brent plus $1.00 a barrel. Results from a tender to buy crude loading June 1-10 from Indian Oil Corp. are expected on Friday.

Comments

Popular posts from this blog

10 hot photos from Wizkid's 'Fever' video featuring Tiwa Savage

We provide for you ten extremely hot photographs from Wizkid's 'Fever' video where he included Tiwa Savage as a video lady.

Local News

19-year-old crashes into Wendy’s after vehicle-to-vehicle Panorama City shooting  PANORAMA CITY — A 19-year-old motorist remained in grave condition Saturday from a vehicle-to-vehicle shooting in Panorama City, where he also plowed his car into an area Wendy’s restaurant, police said. The shooting victim was later identified as Alexis Saldana, the Los Angeles Police Department reported.

July 2nd Wettest Month Since 1900

Scott Brown Reporting July will go down in history as the second wettest month in Christian since 1900. According to the Kentucky Mesonet Christian County recorded 18.26 inches of rain