Blockline And Associate Ltd Blog


Blockline and Associate Ltd are sellers of light crude oil and other petroleum products. We also sell and lease out marine equipments, construction machinery and other equipments.

We sell Crude Oil, D2, AGO and other Petroleum product such as:

Crude Oil TankerNigeria Bonny Light Crude Oil (BLCO, FLCO and ALCO, etc): We sell mostly on FOB, CIF, TTO and TTT/STS Basis.

Automotive Gas Oil (AGO) and D2: We sell mostly on CIF and TTT/STS.

Bitumen: We sell on CIF and FOB Basis

Marine Equipments/Machines:

We sell and lease all kinds of marine equipments/machines.

Well sell and lease all kinds of vessel e.g. oil tanker, cargo vessel, crew vessel etc.

Marine DredgesWe sell and lease tug-boats of all kinds.

We sell and lease barges and sea going barges.

We sell and lease dredgers, swamp-buggy, cranes of all kinds, tug-boats of all kinds bulldozers, etc.

Crushing machine of all kinds and screening plant: We sell on CIF and FOB Basis.

Steel and Metal:

We sell steel pipes and tubes of all kinds

We sell metals of all kinds.

GENERAL CONTRACTORS:

We are also into real estate, transportation, communications and more.


Thursday, 3 July 2014

Oil falls as Libyan supply seen rising, Iraq output remains safe

NEW YORK (Bloomberg) -- West Texas Intermediate fell for a sixth day, the longest losing streak since May 2012, while Brent slid amid speculation that crude supplies will increase after Libyan rebels agreed to hand over two export terminals. Futures dropped as much as 0.5% in New York. Libya is reopening the Es Sider and Ras Lanuf facilities after reaching an agreement with a group that blockaded ports in the country’s east in the past year, said Ahmed al-Amin, a government spokesman. Fighting in Iraq, OPEC’s second-largest producer, still hasn’t spread to the south, home to more than three-quarters of its crude output.


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