W.Africa Crude-Differentials hold steady

Reuters
Feb 10
W.Africa Crude-Differentials hold steady 

LONDON, Feb 9 (Reuters) - West African crude oil differentials held steady on Monday.

  • TotalEnergies bought Pazflor from Equinor for March 10-11 at dated Brent minus $3 last week. TotalEnergies was also offering Congolese Djeno last week.

  • Nigeria's richest man, Aliko Dangote, said at the S&P Global Energy forum that plans to expand his namesake 650,000 barrels-per-day refinery were underway and would finish by the end of 2028, during International Energy Week in London.

  • In the wider market, OPEC's oil output fell in January due to lower supply from Nigeria and Libya, which offset increases in members, including Venezuela after the U.S. capture of Nicolas Maduro and the ending of an oil blockade, a Reuters survey found.

(Reporting by Seher Dareen; Editing by Leroy Leo)

((seher.dareen@thomsonreuters.com))

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