Giftelyon Multi Sevices Int'l Ltd is a leader in the of Nigerian Bonny Light Crude Oil (BLCO) sales market. As a privately held company, Giftelyon Multi-Sevices Int'l Limited is committed to and is focused on delivering reliable services to all her clients. Giftelyon Multi-Sevices Int'l Ltd is determined to continue to grow in the energy sector and to become one of the recognized leaders in the Nigerian oil and gas industry.
Simplifying Nigerian Bonny Light Crude Oil Buying, BLCO
Giftelyon Multi Sevices International Ltd has an excellent track record of reliability in the supply of Bonny light crude oil, BLCO. We protect our buyers with 2% Performance Bond while we also expect protection from our customers with bank instrument from the world's top banks. We deliver on TTO, TTT, CIF and FOB basis.
If you wish to purchase Bonny Light Crude Oil from a reliable seller, contact us today to commence a comprehensive purchase procedure.
Oil crash exposes weakness in shale drillers’ insurance
HOUSTON (Bloomberg) -- Tumbling oil prices have exposed a weakness in the insurance that some U.S. shale drillers bought to protect themselves against a crash. At least six companies, including Pioneer Natural Resources Co. and Noble Energy Inc., used a strategy known as a three-way collar that doesn’t guarantee a minimum price if crude falls below a certain level, according to company filings. While three-ways can be cheaper than other hedges, they can leave drillers exposed to steep declines.
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