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LONDON, Oct 13 (Reuters) — High freight rates were pressuring the West African crude market on Tuesday, with differentials continuing to fall. Offers for Angolan Dalia were heard at a discount of $20 to dated Brent on the Argus Open Market, a trader said. This was much lower than the discount of $9.95 heard for the gra
High freight rates were pressuring the West African crude market on Tuesday, with differentials continuing to fall.
LONDON, Sept 25 (Reuters) — West African crude oil differentials narrowed on Friday while high shipping rates weighed. Differentials were down nearly $2 across the board, a source said earlier this week, weighed down by high freight rates. Another trading source said that differentials for crude heading to Asia had als
West African crude oil differentials were expected to soften as a jump in shipping costs weighs on buying interest, two traders said. The cost of shipping oil in the largest tankers has hit record highs this month following increased attacks on shipping. Around eight Angolan cargoes for October loading are still unsold
West African crude oil differentials were steady on Wednesday. The recent jump in values, linked to Middle East supply disruptions and elevated freight rates, is weighing on demand.