Nigeria’s major crude oil loadings would decline in March, according to programs

Preliminary loading programs obtained by Reuters indicate that 793,000 barrels per day of four major Nigerian crude oil grades are expected to be exported in March.

At that point, loadings will be around 14% less than the 922,000 bpd that were planned for February.

The four grades are Qua Iboe, Bonny Light, Bonga and Forcados. Details and estimated daily amounts in barrels are provided below. Due to rounding, the totals might not add up.

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