LONDON: Sellers of Nigerian crude continued to seek high prices on Wednesday as disruption to output of several streams tightens supply.
The delayed October loading programme for Nigerian crude Bonga was issued, although several other schedules have yet to appear.
NIGERIA
Nigeria's Forcados, Qua Iboe, Bonny Light and Brass River crude grades remain under force majeure.
Offers have been strong for other grades. Bonny Light was offered at dated Brent plus $2.80 a barrel and Bonga was offered at dated plus $2.25. A potential buyer saw those levels as ambitious.
The Bonga loading programme for October was issued and schedules six cargoes with a possible seventh shipment, to be confirmed, loading at the end of the month.
ANGOLA
About 15-20 cargoes of October-loading Angolan crude were left, traders said, plus a handful of cargoes from the September programme.
Remaining grades include Cabinda, CLOV, Girassol, Kissanje and Nemba. No change was heard in offer levels on Wednesday.
TENDERS
Indian refiner Indian Oil Corp. is running a buying tender this week for November-loading crude that could take October barrels.
The result is expected on Friday.
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