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.


Monday, 8 February 2021

China helps Brent crude oil prices pass $60 milestone

Global stockpiles in onshore tanks and floating storage are estimated by the International Energy Agency to have shrunk by about 300 million barrels since OPEC and its allies made deep production cuts in May. Reduced supply and the vaccine-driven demand boost have entrenched Brent’s futures price curve in a bullish backwardation structure, which encourages the draining of more oil from tanks. ...»

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