W.Africa Crude - Grades remain under pressure
XLE•West African crude differentials stay weak
LONDON, July 14 (Reuters) - West African crude differentials remained under pressure on Tuesday, traders said, reflecting lacklustre demand in China and competition from other supplies.
- There is little sign yet of differentials rising in response to renewed Middle East tensions, one trader said.
- In the last known deal, Nigerian Bonga traded flat to dated Brent last week.
Dangote refinery begins pricing fuel in U.S. dollars
Nigeria's Dangote refinery has begun pricing fuel products for the local market in U.S. dollars, with a company spokesperson on Tuesday citing difficulties securing sufficient crude under the government's naira-for-crude programme and rising global oil prices.
