West African crude trades at biggest discount in over a decade

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West African crude is trading at its steepest discount in more than a decade. Rising freight costs and weaker Asian demand are putting pressure on cargoes from the region.

West African crude has traded at its biggest discount in more than a decade as soaring freight costs and weaker Asian demand put pressure on oil cargoes from the region. The post West African crude trades at biggest discount in over a decade appeared first on Nairametrics.