LONDON — Bids for some grades of West African crude rose Thursday on relatively high refining margins in Europe as demand from South Asia remained resilient despite purchases of Russian crude there.
Nigerian qua-iboe crude offers slammed Brent up about $3.50 a barrel, up about 50 cents in just over a week.
Ghanaian Jubilee crude, which is also suitable for refining into gasoline, was offered at roughly dated Brent plus $1.30 a barrel. India’s IOC awarded its latest…
