December exports of Nigeria’s four major crude grades set to hit 8-month high

Exports of the four largest grades of Nigerian crude oil will rise to 879,608 barrels per
day in December, the highest since April this year, according to loading schedules seen by trading sources on Wednesday.

December exports of the Forcados crude grade is at 217,900 in December compared to 210,500 in November. Bonga is at 153,225 in December compared to 190,000 in November. Bonny Light is at 263,483 in December compared with 137,800 in November.

Qua Iboe crude grade is at 245,000 in December compared with 253,000 in November. The four crude streams underpin the InterContinental Exchange’s West African contracts-for-difference derivatives in barrels per day.

Source: Reuters

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