LONDON: The Niger Delta Avengers attacked crude oil and gas pipelines in Warri, and warned of further attacks that "will shock the whole world" as its end-May deadline for oil companies to leave the Niger Delta approached its end.
Strikes across France that have cut into Europe's crude consumption showed little sign of abating, and some 38 vessels were stuck outside the southern port of Fos-Lavera due to blockades, while workers at Le Havre extended their strike until Monday.
Saudi Arabia is offering extra crude to Asian customers in advance of the OPEC meeting next week, reflecting the battle for market share.
ANGOLA
Around a dozen July-loading Angolan oil cargoes were left as buyers stocked up on oil with reliable loading schedules.
Sonangol had raised its offer for Dalia to a $3 per barrel discount to dated Brent from a $3.20 cent discount. It was still offering Saxi at a 50 cent discount.
Asian buyers were keen for new deliveries. Some cargoes were also booked to the United States, including by Philipps66 aboard the Pentathlon, Statoil aboard the Alaska and Noble aboard the Almi Odyssey.
NIGERIA
The latest attack from the Niger Delta Avengers near Warri had no immediate impact on crude oil exports, traders said.
As the refinery in Warri was disrupted, traders said there could be cargoes of Escravos exported rather than processed there.
Escravos production was itself knocked down by an estimated 90,000 bpd as a result of recent attacks.
Loadings of Bonny Light and Qua Iboe continued, but buyers for the most part steered clear due to concerns over delays and unpredictability, putting differentials under downward pressure.
Refiners on the East Coast of the United States were still keen buyers of Nigerian oil.
Ten to 15 June-loading cargoes were still looking for buyers, and traders said the July loading programme had not begun to trade yet.
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