LONDON: Angolan crude exports are set to rise to around 1.57 million barrels per day (bpd) in November, a preliminary programme showed on Monday, up from a smallest schedule in 10 years in October.
Angola's offshore Plutonio oilfield resumed production over the weekend after being shut down for about 10 days for maintenance, industry sources said on Monday.
Angola's parliament on Monday approved a smaller 2016 budget than it had originally planned, after lower oil prices hammered state revenues in Africa's largest crude exporter.
Nigeria plans an "immediate large injection of funds" into the economy though asset sales, advance payments for licence renewals and infrastructure concessions, its budget minister said on Monday.
Nigeria's state oil firm NNPC is expected to release its October official selling prices on Tuesday with November loading dates due to trickle out soon after.
ANGOLA
In the window, BP offered a cargo of Girassol at dated Brent plus 5 cents a barrel loading Nov. 4-5, substantially below offers heard last week at around dated Brent plus 50 cents a barrel.
NIGERIA
Around 15-20 cargoes of Nigerian crude were still available, traders said.
In the window, Total offered a cargo of Akpo at dated Brent minus 15 cents a barrel loading Oct. 16-31.
Vitol offered a cargo of Bonny Light at dated Brent plus $2.00 on a delivered basis to Rotterdam for early October loading. * Several cargoes of Agbami were still available.
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