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

Donna Karan to Step Down at DKI

One of the most important designers in the history of American fashion, Donna Karan, is stepping down as chief designer of Donna Karan International. Karan, 66, plans to devote greater time to her Urban Zen company and foundation, but will remain a close adviser to DKI under a long-term agreement, according to the company. The designer created a modern system of dressing for legions of successful women, while establishing a tremendous rapport with her customers, which continues to this day. Karan cofounded DKI with her late husband Stephan Weiss and Takiyho Inc. in 1984. In 1996, DKI went public on the New York Stock Exchange, and in 2001, LVMH Moët Hennessey Louis Vuitton paid $243 million for all outstanding shares in DKI, plus $400 million for Gabrielle Studio Inc., the licensor of the Donna Karan trademarks. “LVMH and I have made this decision after much soul-searching,” said Karan on Tuesday. “I have arrived at a point in my life where I need to spend more time

Father is stunned to find shocking pictures of his autistic daughter, 9, locked away and crying on the floor taken by school staff

Concerned father asked to see daughter's school file amid safety concerns, he was shocked to find photos of her crying and being punished Family have now released photos and are calling for an investigation School has been in special measures and has now got new management. The father of an autistic girl has told of his horror after he uncovered disturbing pictures of his daughter in a file at her former school. Alan Evans removed daughter Jasmine, now 11, from Tregolls School in Truro, Cornwall two years ago amid concerns about how staff were treating her.He was able to access the school's records and was shocked to find photos of her shut behind a child gate, crying her eyes out and rolling on the floor. The father of Jasmine Evans, an autistic girl from Lanner, Cornwall, was shocked to find photos of her crying and locked behind a child gate in her school file after he became concerned she was being badly treated Mr Evans, who works as a nurse, has now

Entertainment

BREAKING! G-Worldwide Drags Kiss Daniel To Court (Their Reasons Will Surprise You) Nigerian pop star, Anidugbe Oluwatobiloba Daniel, popularly known as Kiss Daniel, has been dragged to court by the management of G-Worldwide Entertainment, for allegedly breaching the seven years artiste management deal he signed with the record label in 2013.

WELCOME TO DEVTKING PASSION ZONE

Search This Blog