Nigeria sees crude differentials edge higher

Nigerian crude differentials edged higher on Monday, though trade remained hampered by expensive freight, traders said.

Nigerian December-loading Qua Iboe crude cargoes were last offered between $1.60 and $1.70 above the dated Brent price, up from recent indications closer to $1.35-$1.40, traders said. No offers for Forcados were reported, traders said.

Source: Reuters

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