Soaring freight costs and weaker Asian demand are putting pressure on oil cargoes from West Africa. As a result, West African crude is trading at its biggest discount in over a decade.
Further details about this development are available from the source. The discount on West African crude is a significant change in the market, driven by current conditions.
The source provides more information on this topic, including the factors contributing to the discount on West African crude.
Recent coverage curated from local and regional sources.
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