Thursday, June 10, 2010

Nigerian Escravos crude oil loadings delayed: trade

LONDON (Reuters) - Nigerian Escravos crude oil cargoes due to load in June and July will be delayed by eight to 10 days due to production problems, trade sources said on Thursday.

Nigeria was due to export an average of 158,000 barrels per day (bpd) of Escravos in June and 215,000 bpd in July, according to loading programmes seen by trade sources.

Escravos is a high quality light crude popular with U.S. and European refiners.

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