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Markets

West Africa Crude-Angolan February cargo offers steady

Published December 20, 2017 Updated December 20, 2017 09:17pm

LONDON: Angolan crude was offered at steady levels on Wednesday while Nigerian crude was on sale at slightly lower than the last reported levels, traders said.

ANGOLA

Angola will export 1.58 million barrels per day (bpd) in February, similar to January, the loading programme issued on Monday showed.

State oil firm Sonangol started offering February-loading cargoes on Tuesday and kept the offers stable on Wednesday, traders said.

Dalia was offered at dated Brent minus 30 cents, Saturno at dated Brent minus 40 cents and Cabinda at dated Brent plus 50 cents.

A few cargoes are still available from the January programme.

NIGERIA

Between 15 and 20 cargoes were still available from the January programme.

Qua Iboe was offered at dated Brent plus $1.90 a barrel, a trader said, down 5 cents from the last offer reported on Dec. 14.

 

 

Copyright Reuters, 2017

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