Bonny Light is viewed as Nigeria’s benchmark oil, yet Platts found that Qua Iboe exported an average of 9.9 million barrels of crude in 2016. Bonny Light exported 6.1 million barrels on average ...

WARRI, Nigeria – Royal Dutch Shell's Nigeria subsidiary says it has lifted the force majeure imposed on Bonny Light crude oil exports a month ago. Company spokesman Joseph Obari says the force ...

The grade is widely used by European and American refineries, which makes Bonny Light an important source of revenues for Nigeria. Normally, Shell exports around 230,000 bpd of Bonny Light crude ...

The price of Nigerian crude oil inched closer to the Federal Government’s benchmark following renewed drone attacks on ...

The Nigerian crude price rose toward the Federal Government benchmark as drones targeted oilfields in Iraq for the fourth ...

The Anglo-Dutch oil company’s Nigerian unit declared force majeure on Bonny Light oil exports as of 10 a.m. local time, blaming a leak on the Nembe Creek Trunk Line—a major artery bringing ...

LONDON (MarketWatch) -- Royal Dutch Shell PLC's Nigerian joint venture has called a force majeure on oil exports from the Bonny Light field in Nigeria in the... Skip to main content.

Nigeria’s crude oil grade Bonny Light, yesterday rose to $109.2 per barrel in the international market, after closing lower over the weekend. Available market statistics showed that Bonny Light ...

Exports of two Nigerian crude grades are suffering significant disruptions following a turbulent week in the country's oil-producing Delta region, industry sources said on Monday. Adds details on ...

LONDON, Oct 1 (Reuters) - Nigerian crude oil differentials diverged further on Thursday as the spread between the country's two benchmark grades - Qua Iboe and Bonny Light - widened, traders said.

WARRI, Nigeria – Shell says it has lifted force majeure on the export of Nigeria's benchmark Bonny Light crude oil almost two months after militant attacks on a pipeline. Recent attacks ...