Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade - Politics (3)

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Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade (28721 Views)

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Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by Baselm: 11:10am On Jun 10, 2023

So much for the sanctions on Russia for Ukraine. Europeans and Americans are hypocrites.

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by godofuck231: 11:13am On Jun 10, 2023

Wait make winter come , they will beg

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by occfx: 11:20am On Jun 10, 2023

sotall:

They should stop buying Nigeria crude oil.

Crude oil is the curse holding this failure of a country together.

Remove the crude and see how this country divides in no time and without bloodshed.

Gbamest

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by Ombudsman1: 11:24am On Jun 10, 2023

doming0:
Dollar crashes to 600 naira in black market after Tinubu removed Emefiele

FOR YOUR FAMILY HOUSE ABI. JUST DEY PLAY

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by BreconHills(m): 11:26am On Jun 10, 2023

ijustdey:
Traders are flocking to the Urals crude blend because they see the Nigerian grades as relatively pricey, with traders reluctant to offload the country’s cargoes.

https://www.premiumtimesng.com/business/business-news/603402-nigerian-crude-takes-new-hit-as-buyers-turn-to-cheaper-russian-grade.html

The people that wrote this won't add that this is only applicable in the spot market. They also follow blindly without understanding that that Nigeria Bonny is different in terms of sulphur content and blending cost. Finally, uninsured Russian crude has hidden costs.

Apples and lemons.

2 Likes 1 Share

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by Johnweeked12: 11:27am On Jun 10, 2023

Maxikenna:
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Omo ologo, help your family members first na

3 Likes

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by Raph82(m): 11:34am On Jun 10, 2023

Risingblue008:
Na to dey drink our fuel now,abi?

Mono-economy

We go use am drink gari tire, shey we no get sense ni, we go get sense by fire by force. Diversify this economy, we no gree, now we go hear am.

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by fabolouz1(m): 11:36am On Jun 10, 2023

I hope Mr President will diversify the economy , agriculture ,mining and tourism are two areas we have comparative advantage .
We've been relying on crude oil for so long.

1 Like

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by Jaycee07(m): 11:41am On Jun 10, 2023

doming0:
Dollar crashes to 600 naira in black market after Tinubu removed Emefiele

It’s the other way round. Naira crashed to 770/$
Stop the lie. Rest!

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by greatestdestiny: 11:47am On Jun 10, 2023

ijustdey:
Traders are flocking to the Urals crude blend because they see the Nigerian grades as relatively pricey, with traders reluctant to offload the country’s cargoes.

https://www.premiumtimesng.com/business/business-news/603402-nigerian-crude-takes-new-hit-as-buyers-turn-to-cheaper-russian-grade.html

This is nothing but a media propaganda to make us sell cheaply and we won't! Let them be going to Russia to buy Ural crude. As a matter of fact, with Jagaban on board we will utilise our crude and all that is in it.

No room for media propaganda!!!

1 Like

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by xesehe: 11:57am On Jun 10, 2023

obembet:
God bless Asiwaju Bola Ahmed Tinubu

Seun
mynd44

We need to stop this hate Before it turn to something else. It's no longer funny when some people are wishing others death ☠️ just because u are not support thier brother

Kindly take necessary action

Thanks

guy shut up

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by Teeklef(m): 12:02pm On Jun 10, 2023

eteebanky1:

Death to all your miserable family members

I'm here to just say a big "AMEN" in Jesus name 🙏

1 Like

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by tonytony208(m): 12:02pm On Jun 10, 2023

ignis:
Tinubu is working.

Of course. Buyers are rejecting your product and that's a sign that Tinubu is working.

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by onuman: 12:03pm On Jun 10, 2023

M4A1carbine:
But Agbadorians rodents said Putin Loves Thiefnubuu more than Biden sef.

They said thiefnubuu, with his body odour will make NIGERIA great, but they are all buying fuel at #500/liter

Truly, to be an Agbadorian,the brain must be the size of a CORN seed

Their brain size is measured by the amount of extreme religious teachings they imbibed. The only viable option for them is their plot for a 24 unbroken years of Muslim presidency for Nigeria.
For them, so long as proceeds from crude oil and gas deposits in the Niger Delta region flow into the govt coffers, to maintain government of Nigeria 🇳🇬 whose instruments are to be used by them to push forward their desire for Islamization of Nigeria; that is all.

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by Nobody: 12:25pm On Jun 10, 2023

obuburam:
Another problems for PBAT to deal with.

Nah propaganda to reduce crude price for Dangote refinery

1 Like

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by jahsharon: 12:36pm On Jun 10, 2023

M4A1carbine:
But Agbadorians rodents said Putin Loves Thiefnubuu more than Biden sef.

They said thiefnubuu, with his body odour will make NIGERIA great, but they are all buying fuel at #500/liter

Truly, to be an Agbadorian,the brain must be the size of a CORN seed

This is the same mental disorder that made those before you to run nakked at the market square. You have started just the same way they started, definitely, you will end as they ended, naked on the streets.

1 Like

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by ferhyntorlah(f): 12:57pm On Jun 10, 2023

fabolouz1:
I hope Mr President will diversify the economy , agriculture ,mining and tourism are two areas we have comparative advantage .
We've been relying on crude oil for so long.

I know Mr president has plan B.

1 Like

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by Shadysen: 1:06pm On Jun 10, 2023

non of my business.

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by Oteleye(f): 1:07pm On Jun 10, 2023

Interested

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Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by ignis: 1:15pm On Jun 10, 2023

tonytony208:

Of course. Buyers are rejecting your product and that's a sign that Tinubu is working.

Wise Seller is not desperate to sell at a cheap price.

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by OkukoIgbo: 1:26pm On Jun 10, 2023

IgbosNIGHTMARE:

Death to all frustrated pigs.

Prophet mohammad na smelly pig na

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by Miyachi: 1:35pm On Jun 10, 2023

budaatum:
Nigeria will be awash with crude and Dangote will refine it into petroleum, and some day in the future somewhere we shall anoint him Messiah and God, of petrol, at least.

I see what you did there grin

1 Like 1 Share

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by elijahkayode(m): 1:41pm On Jun 10, 2023

obembet:
God bless Asiwaju Bola Ahmed Tinubu

Seun
mynd44

We need to stop this hate Before it turn to something else. It's no longer funny when some people are wishing others death ☠️ just because u are not support thier brother

Kindly take necessary action

Thanks

u dey mind them, they have Noting except hate and hate is not from God
so they are sons of evil

reasons why Nigeria must oppress them far from the president office

Awon oloribu forming ipob
Kanu must rot there inshallah
they lead this country down this downward spiral with their crazy coup back then oooo

millions of obituary supporters shall die at the hand of Army if they continue with HATE orlu 😂😂😂😂😂

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by GboyegaD(m): 1:47pm On Jun 10, 2023

doming0:
Dollar crashes to 600 naira in black market after Tinubu removed Emefiele

What do you gain with such lies?

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by Gilgil: 1:48pm On Jun 10, 2023

It's summertime.

There is no urgency to heat homes.
So they can play around.

Once it starts getting cold, the demand will surge.

However, they are buying oil futures.

1 Like

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by eroticecstasy: 2:28pm On Jun 10, 2023

This will definitely affect the cost of our locally refined fuel

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by Reelz: 2:29pm On Jun 10, 2023

sack that NNPCL GMD mele kyari.. so we can uncover all the illegalities in that office..

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by Augustenite(m): 2:41pm On Jun 10, 2023

M4A1carbine:
But Agbadorians rodents said Putin Loves Thiefnubuu more than Biden sef.

They said thiefnubuu, with his body odour will make NIGERIA great, but they are all buying fuel at #500/liter

Truly, to be an Agbadorian,the brain must be the size of a CORN seed

You stupid always. Which sch do u attend? Because as I can see, you are a big disgrace to your Institution of learning. Small thing up there you begin speaks foolishly. Stupidity runs in your linege .

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by IgbosNIGHTMARE: 3:25pm On Jun 10, 2023

OkukoIgbo:

Prophet ḿohammad na smelly pig na

@ bolded, is that your father's name?

Re: Nigerian Crude Takes New Hit As Buyers Turn To Cheaper Russian Grade by SenatePresdo(m): 3:31pm On Jun 10, 2023

obembet:
God bless Asiwaju Bola Ahmed Tinubu

Seun
mynd44

We need to stop this hate Before it turn to something else. It's no longer funny when some people are wishing others death ☠️ just because u are not support thier brother

Kindly take necessary action

Thanks

The hate has already turned to something else already, you people are cheering the oppression of Non-Yorubas in Lagos.

The showdown might be some day.

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