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.


Wednesday 3 January 2018

EIA: Crude oil prices increased, Brent-WTI spread widened in 2017

Crude oil prices ended 2017 at $60/bbl, the highest end-of-year price since 2013. West Texas Intermediate (WTI) crude oil prices averaged $51/bbl in 2017, up $7/bbl from the 2016 average, and ended the year $6/bbl higher than at the end of 2016. Brent prices have moved up $10/bbl since the end of 2016 and ended the year at $65/bbl, widening the Brent-WTI spread to $5/bbl at the end of the year, the largest difference since 2013. ...»

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