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imageLONDON: About 60 percent of Angola's August programme has been absorbed by the market, one trader said.

July loading cargoes of Nigerian crude were still lingering and high offer levels continued to keep buyers at bay.

Forcados, Bonny Light and Brass River exports remained under force majeure.

There was still no sign of a programme for Nigeria's Erha grade for either July or August. The August programmes for Bonga and Brass River had also yet to emerge.

ANGOLA

Statoil offered a cargo of Girassol at dated Brent plus 50 cents.

BP offered several of its August loading cargoes for varying grades. Several cargoes of Dalia were also on offer from various sellers at dated Brent plus $3.20-$3.40 a barrel.

NIGERIA

Exxon offered a cargo of Usan and lowered its offer figure on its August Qua Iboe cargoes to dated Brent plus $2.00 a barrel from plus $2.10. The offer level was still considered too high.

Cepsa offered a cargo of Yoho at dated Brent plus $2.10.

TENDERS

Indonesia's Pertamina issued a tender for September delivery closing on Tuesday.

Traders said Glencore won Pertamina's term tender for the September-December period with several crude grades including Escravos and Qua Iboe.

Independent energy company Perenco issued a sell tender for a cargo of Congolese Djeno loading Aug 23-24 closing June 30.

Copyright Reuters, 2016

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