6 min listen
Nigeria: Another force majeure at Forcados?
FromOil Markets
ratings:
Length:
11 minutes
Released:
Jul 20, 2023
Format:
Podcast episode
Description
Nigeria, Africa's largest crude oil producer, is struggling to keep oil flowing amid leaks at the Forcados oil terminal port. The ill-fated facility has been offline for much of 2022 due to sabotage, and now faces the prospect of another force majeure that could affect European markets. In this episode of the Platts Oil Markets podcast, oil news reporter Charlie Mitchell and oil price reporters Luke Stuart and George Delaney join Francesco di Salvo to discuss what is happening in Nigeria and how traders have reacted so far. Related price assessments: AAGXP00 - Forcados FOB Nigeria vs WAF Dtd Strip AAGXL00 - Bonny Light FOB Nigeria London vs WAF Dtd Strip AAHPM00 - Azeri Light CIF Augusta vs BTC Dtd Strip We want to hear about your podcast preferences so we can keep improving our shows. Take our podcast survey here and share your thoughts: https://www.surveylegend.com/s/4xyz
Released:
Jul 20, 2023
Format:
Podcast episode
Titles in the series (100)
Record high dirty tanker rates impact European crude market: Benno Spencer, senior managing editor, Europe and Africa Oil, John Morley, West of Suez freight editor, and Eklavya Gupte, West African crude editor, discuss the factors that have contributed to the recent record strength in the dirty tanker market while by Oil Markets