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W.Africa Crude-Values remain strong despite US-Iran ceasefire 

W.Africa Crude-Values remain strong despite US-Iran ceasefire

Pt Pertamina Geothermal Energy TbkApril 9, 20265
W.Africa Crude-Values remain strong despite US-Iran ceasefire 

About this update from Pt Pertamina Geothermal Energy Tbk

Crude differentials for some West African grades remained at record highs on Thursday, market sources said, as the drop in Middle East supply continued to support physical crude despite the ceasefire between the U.S. and Iran weighing on outright prices.Nigerian crude grades Qua Iboe and Bonny Light were said to be offered at dated Brent plus $10, although details of any traded levels did not emerge.Many participants are keeping price details of deals done confidential, and sellers are reluctant to post offers, traders have said.Angolan Cabinda was last valued at dated Brent plus $10.00 a barrel, the highest ever according to LSEG data.At least two Asian buying tenders are running, including one from Indonesia's Pertamina and another from India's HPCL.

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