W.Africa Crude-Differentials little changed as traders assess market
RefinitivLess than 1 min read
West African crude oil differentials were little changed Monday as traders continued to assess higher freight costs and demand.
* The market has been on the quieter side owing to a recent rise in freight costs, a trade source said.
* Among offers on Monday were Angola's Girassol at dated Brent plus $1.50 and Hungo at dated Brent plus 59 cents.
* Nigeria's Brass River grade was offered at dated Brent plus $3.
* September cargoes have largely been sold, with fewer than 10 left, the source said.
* There are about 50 unsold cargoes for October with more than half from Nigeria.
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