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Friday, October 3, 2025
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Nigeria

Asia Fuel Oil: Spot premiums ease; market eyes regional tenders

Asia spot fuel oil premiums eased on Thursday following a recent uptick, while the market eyed a couple of regional supply tenders. India’s BPCL offered...

2025 Dirty Tanker Market Review: A Powerful Rally – Scenarios behind the Recovery

Dynamic 1 – Brent-Dubai EFS Swings and Shifting Arbitrage Mid-summer dynamics were driven largely by price spreads and shifting arbitrage flows. The Brent–Dubai Exchange of...

Nigeria’s daily oil output plunged 16% during brief Dangote refinery strike

Nigeria’s daily oil and gas production slumped during a brief nationwide strike by oil workers’ union PENGASSAN that was called off on Wednesday after...

Nigeria boat mishap leaves at least 26 dead, says official

At least 26 people drowned when a boat carrying traders capsized on the River Niger in Nigeria’s north-central Kogi State, a regional state official...

HSFO spot premiums edge up in brisk trading

Spot premiums for 380-cst high sulphur fuel oil (HSFO) climbed in Asia as brisk trade emerged on Wednesday following a week of largely thin...

Asia Diesel backwardation widens; Pertamina seeks Oct gasoil

Asia’s diesel markets went back into a deeper backwardation, while cash differentials rose to two-month highs as front-month trading sentiment remained upbeat amid a...

West African crude diffs stable, broader trend still moving down

West African crude differentials were stable on Wednesday but are more widely trending downwards according to traders, while Nigeria’s oil workers union called off...

Abnormal load trucks stranded after system collapse

A computer failure at the KwaZulu-Natal Department of Transport has left abnormal load operators fuming, with trucks standing under load for more than a...

Mozambique outlines plan to boost logistics

The Mozambican government plans to boost the logistics sector’s contribution to GDP from 8% to 20% by 2027. Ministry of Transport National Director of Logistics,...

Revamp, do not relocate – warehousing expert

Many warehouse operators are looking at revamping their premises and operations rather than moving, according to Martin Bailey of Industrial Logistic Services (ILS). Companies wary...
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