Nigeria’s state oil firm NNPC raised its March official selling prices for Bonny Light and Qua Iboe crude oil to 31 cents and 36 cents above dated Brent, respectively.
The February differential for Bonny Light was 18 cents, while for Qua Iboe it was 30 cents per barrel. Loading plans had emerged for April exports of several grades, including four cargoes of Bonga, compared with a revised March plan of only one cargo, and four cargoes of each Erha and Usan.
