FEATURE: Shipping tax claims, WTI-Brazilian blend pile pressure on embattled Nigerian crude

Tanker owners are staying clear of Nigeria after several companies received large back-dated tax bills which, alongside blending of WTI and Brazilian crude at European refineries, is piling pressure on Nigerian crudes. Shipping and trading sources confirmed to S&P Global Commodity Insights this week that shippers had been hit with demands from Nigeria’s Federal Inland Revenue Service for millions of…