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Nigeria Raises Qua Iboe, Bonny Light OSPs for April

OIL

Nigeria raised its OSP for Qua Iboe crude in April to Dated +$3.97/bbl, compared with +$2.71/bbl in March according to a price list seen by Bloomberg.

  • The Bonny Light OSP was raised to +$3.28/bbl in April, from +$2.42/bbl in March.
  • Nigerian Qua Iboe was last offered +$2.80/bbl to Dated Brent and Bonga was offered at +$4.50/bbl to Dated Brent, lower than the $3.20/bbl and $4.75bbl heard previously the traders said on 26 March.

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