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WAF Loadings Edge Up in February

OIL

WAF exports increased in February among higher flows from Angola and the Ivory Coast, according to Bloomberg.

  • Crude and condensate shipments from 10 countries in WAF averaged 3.38m b/d in February, up 56k b/d on the month.
  • Angolan exports were up 98k b/d on the month to 1.09m b/d.
  • Nigeria’s crude and condensate exports averaged 1.49m b/d, down from 1.52m b/d in January.
  • The Ivory Coast’s exports were 63k b/d, the highest since at least 2018.

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