RT @BloombergAfrica: Africa’s biggest crude producer Nigeria has emerged from a years-long output slump due to improved security, creating…

The pace of sales for February-loading Angolan oil is faster than the last couple of months, with only 20-30% of next month’s supplies still seeking buyers. The main reason for the quicker trading is better demand from Asia #OOTT #oil #china

The selling pace of Angolan oil for December-loading is slower than usual, with about a third of the shipments still seeking buyers, according to traders specializing in West African oil. The main reason is weaker demand from China #OOTT #Oil #crude

RT @BloombergAsia: Vitol, Trafigura and BP are the dominant buyers of fuels from Nigeria’s giant new Dangote oil refinery near Lagos that’s…

RT @BloombergAfrica: Nigeria’s Dangote refinery, larger than any other in Africa or Europe, has shipped its first seaborne gasoline cargo a…

Dangote oil refinery is due to take in up to 400,000 barrels a day of Nigerian crude over the coming two months as Africa’s largest plant transforms the region’s import and export markets. #oil #OOTT #nigeria #dangote

Nigeria’s Dangote oil refinery has had to rely on foreign crude to such an extent that it’s building extra storage tanks, @DangoteGroup executive director Devakumar Edwin said in a discussion on X organized by Nairametrics #nigeria #oott #oil #Dangote

RT @JWittels: Big moment for Nigeria and the oil market: the giant Dangote refinery is filling tanks with gasoline. #OOTT Free read, via…

Africa’s largest oil refinery @DangoteGroup in Nigeria is on the brink of producing significant volumes of gasoline, a landmark moment with the potential to transform the global market for the fuel. #oil #OOTT #gasoline @JWittels @osaeB @Olurounbi

Spain’s jet-fuel consumption in July soared to the highest in more than 50 years, adding to signs that demand is returning in Europe. #oil #OOTT

Italy’s July jet fuel sales reached their highest level in at least 22 years, signaling that the European market is returning to solid growth after years of slow recovery from Covid-19. @FGEnergy sees significant flight growth across Europe this year #OOTT

Nigeria’s Dangote mega-refinery is taking more of the country’s own oil for processing, while inflows from the US appear to be waning. The plant is set to import 81% of its feedstock from domestic sources in 3Q, up from 73% in 2Q #oil #OOTT #nigeria

RT @alexlongley1: Nigeria's massive new refinery is ramping up, and so is its influence on global oil markets. With @Bill_Lehane in today's…

Nigeria has added a new crude grade known as Utapate, as Africa’s biggest oil producer strives to return output to pre-pandemic levels. #OOTT #oil #Nigeria

American crude grade WTI Midland has replaced West African oil as the swing supplier for global oil markets between the Atlantic Basin and Asia, consultancy Renaissance Energy Advisors said in a note to clients seen by Bloomberg News. #oil #OOTT

Nigeria’s giant new Dangote refinery is being priced out of local crude, forcing it to rely on supplies from abroad, according to its operator. International companies regularly sell their Nigerian barrels overseas for a premium #oott #oott #oil #nigeria

Nigeria’s giant Dangote refinery near Lagos is to import a cargo of Brazilian crude for the first time, adding to the large number of American barrels that Africa’s biggest oil-producing nation is already taking. #OOTT #nigeria #oil

Nigeria’s Dangote mega-refinery is taking in ever more US crude, bringing cheaper barrels thousands of miles across the Atlantic. In August & September inflows from the US may be set to rise further, based on supply tenders seen by Bloomberg. #oil #OOTT

The number of supertankers headed for China dropped to the lowest in almost two years, adding to recent concerns about demand in the largest oil importer during the second half of the year. #oil #OOTT #china

Spain imported a record volume of crude oil from the US in May, in the latest sign of how supplies of the flagship WTI Midland grade have gained a foothold in the European market. #OOTT #Oil #crude