Nigerian crude traded slightly higher than Brent crude amid ongoing dynamics in the global oil market.
Nigeria’s major oil blends, Brass River, Bonny Light, and Qua Iboe, last traded at $67.30 per barrel on Friday, marginally higher than the current Brent contract, as oil traders monitored ongoing peace talks between China and the United States.
Crude oil prices dipped a few cents on Monday but retained most of last week’s gains as investors awaited progress in U.S.-China trade negotiations in London.
