Supply gluts of Angolan and Nigerian crude remained sizeable as both Europe and Asia rein in buying during refinery maintenance season and competing grades attract buyer interest. * Nearly 10 cargoes of May-loading Angolan crude remain unsold. * China’s Unipec purchased a cargo of Saturno from Sonangol for below dated Brent minus $2, traders said. …
The post West Africa crude-sales stay slow on tepid demand, competition first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John
https://www.hellenicshippingnews.com/west-africa-crude-sales-stay-slow-on-tepid-demand-competition/