The Nigerian National Petroleum Corporation (NNPC) has slashed it’s official selling prices (OSPs) for Bonny Light and Qua Iboe crude oil January loadings.
According to a Reuters, Bonny Light and Qua Iboe crude oil dated Brent is plus 24 cents and plus 34 cents per barrel, respectively in January.
The December differential for Bonny Light was plus 33 cents and for Qua Iboe plus 40 cents per barrel.
Loading programmes had earlier showed that exports of four of Nigeria’s main crude oil grades rises in December to 564,000 barrels per day (bpd) versus 507,000 bpd planned for November.
