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 ...

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 ...

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 ...

Royal Dutch Shell (RDSa.L) said on Wednesday a declaration of force majeure remained in place on shipments of Nigerian Bonny Light crude oil, while exports at the Forcados shipping hub were ...

Nigeria’s grade of crude oil, Bonny Light, yesterday, witnessed a marginal rise of $1.63 cent, or 2.56 percent rise to $65.36 per barrel fro ...

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 ...

Shell's Nigerian unit, Shell Petroleum Development Company (SPDC), declared force majeure on Bonny Light crude oil exports on Thursday after shutting down two key pipelines in the country due to a ...

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.

Shell on Thursday announced it had lifted force majeure on the export of Nigeria's benchmark Bonny Light crude oil, almost two months after militant attacks on a pipeline.