BR100 Decreased By (-0.85%)
BR30 Decreased By (-1%)
KSE100 Decreased By (-0.81%)
KSE30 Decreased By (-0.87%)
AGHA 7.70 Decreased By ▼ -0.11 (-1.41%)
BECO 5.16 Decreased By ▼ -0.05 (-0.96%)
BML 57.45 Decreased By ▼ -0.05 (-0.09%)
BOP 33.88 Decreased By ▼ -0.15 (-0.44%)
CNERGY 9.92 Decreased By ▼ -0.04 (-0.4%)
CSIL 5.26 Decreased By ▼ -0.05 (-0.94%)
FCCL 53.27 Decreased By ▼ -1.43 (-2.61%)
FFL 16.62 Decreased By ▼ -0.07 (-0.42%)
FNEL 1.22 Decreased By ▼ -0.01 (-0.81%)
KEL 7.23 Decreased By ▼ -0.17 (-2.3%)
KOSM 5.81 Increased By ▲ 0.04 (0.69%)
LOTCHEM 29.15 Decreased By ▼ -0.17 (-0.58%)
MLCF 92.25 Decreased By ▼ -2.11 (-2.24%)
NBP 201.20 Decreased By ▼ -1.85 (-0.91%)
NCPL 56.89 Decreased By ▼ -0.11 (-0.19%)
NPL 67.00 Decreased By ▼ -0.70 (-1.03%)
OGDC 315.00 Decreased By ▼ -0.84 (-0.27%)
PACE 10.51 Decreased By ▼ -0.13 (-1.22%)
PAEL 42.08 Decreased By ▼ -1.12 (-2.59%)
PIBTL 16.50 Decreased By ▼ -0.24 (-1.43%)
PPL 216.22 Decreased By ▼ -3.56 (-1.62%)
PRL 50.73 Increased By ▲ 1.54 (3.13%)
PTC 70.00 Decreased By ▼ -0.53 (-0.75%)
SSGC 26.74 Decreased By ▼ -1.51 (-5.35%)
TBL 9.80 Decreased By ▼ -0.06 (-0.61%)
TELE 8.65 Decreased By ▼ -0.14 (-1.59%)
TPL 18.40 Increased By ▲ 0.16 (0.88%)
TPLP 13.61 Increased By ▲ 0.34 (2.56%)
TREET 22.50 Decreased By ▼ -0.22 (-0.97%)
TRG 59.31 Decreased By ▼ -0.83 (-1.38%)

LONDON, Nigerian crude differentials remained on the high side on Tuesday, some buyers said, but with two tenders coming up this week that will likely absorb West African crude, prices held steady, traders said.

* On the Angolan market, state oil firm Sonangol was offering two cargoes of Dalia.

* Around 10 cargoes of February-loading Angolan crude were still believed to be available for sale.

* At least 20 Nigerian cargoes were still available but with tenders this week from IOC and Turkey's Tupras, the market remained reasonably well supported, one trader said.

* IOC has issued a tender to buy crude oil loading March 1-10 that closes on Thursday.

* South Africa's Sasol awarded a tender to Chevron and took Nigerian Pennington grade.

* Bonny Light and Qua Iboe were heard to be offered at a premium to dated Brent of around $1.80, well above levels indicated two weeks ago, when both grades were closer to $1.60-1.65.

Copyright Reuters, 2019
 

 

 

 

Comments

Comments are closed for this article.