Qua Iboe crude offers surface as Forcados crude programme emerges

Nigeria’s Forcados crude programme emerged for September with about 225,000 barrels per day, down from the original August programme of 259,000 bpd.

Total was offering a cargo of Qua Iboe on a delivered basis to the Mediterranean at about dated Brent plus $2.40 a barrel.

On a fob basis, September barrels of Qua Iboe were being offered at dated Brent plus $1.80 a barrel.

Source: Reuters