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Brent crude's slip to a hundred and fourteen dollars is the headline; war-risk freight and Europe's twenty twenty-seven used cooking oil import gate are what actually reach West African feedstock economics
A verification pass over the 24-29 October packet shows Brent easing about 1% to roughly $114 on a reported US letter to Tehran, Houthi claims against Saudi export infrastructure that remain largely unconfirmed, European gas storage at its lowest since 2011, and Dangote's $1.6bn IPO closing about three times oversubscribed. The transmission that matters for Nigeria and West Africa runs through tanker earnings, insurance and a compliance gate that does not bite until November 2027 - not through the crude print itself.
The skinny
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