BR100 Decreased By (-0.1%)
BR30 Decreased By (-0.16%)
KSE100 Increased By (0.01%)
KSE30 Decreased By (-0.04%)
AGHA 7.83 Increased By ▲ 0.02 (0.26%)
BECO 5.17 Decreased By ▼ -0.04 (-0.77%)
BML 57.50 No Change ▼ 0.00 (0%)
BOP 33.95 Decreased By ▼ -0.08 (-0.24%)
CNERGY 9.96 No Change ▼ 0.00 (0%)
CSIL 5.40 Increased By ▲ 0.09 (1.69%)
FCCL 54.60 Decreased By ▼ -0.10 (-0.18%)
FFL 16.69 No Change ▼ 0.00 (0%)
FNEL 1.25 Increased By ▲ 0.02 (1.63%)
KEL 7.40 No Change ▼ 0.00 (0%)
KOSM 5.77 No Change ▼ 0.00 (0%)
LOTCHEM 29.20 Decreased By ▼ -0.12 (-0.41%)
MLCF 93.50 Decreased By ▼ -0.86 (-0.91%)
NBP 202.70 Decreased By ▼ -0.35 (-0.17%)
NCPL 56.99 Decreased By ▼ -0.01 (-0.02%)
NPL 67.92 Increased By ▲ 0.22 (0.32%)
OGDC 316.40 Increased By ▲ 0.56 (0.18%)
PACE 10.68 Increased By ▲ 0.04 (0.38%)
PAEL 43.41 Increased By ▲ 0.21 (0.49%)
PIBTL 16.75 Increased By ▲ 0.01 (0.06%)
PPL 219.40 Decreased By ▼ -0.38 (-0.17%)
PRL 49.30 Increased By ▲ 0.11 (0.22%)
PTC 71.02 Increased By ▲ 0.49 (0.69%)
SSGC 28.10 Decreased By ▼ -0.15 (-0.53%)
TBL 9.80 Decreased By ▼ -0.06 (-0.61%)
TELE 8.75 Decreased By ▼ -0.04 (-0.46%)
TPL 18.25 Increased By ▲ 0.01 (0.05%)
TPLP 13.58 Increased By ▲ 0.31 (2.34%)
TREET 22.73 Increased By ▲ 0.01 (0.04%)
TRG 60.50 Increased By ▲ 0.36 (0.6%)

LONDON: An Indian tender mopped up several cargoes of west African crude on Thursday but spot activity remained muted.

Around 10-15 Nigerian cargoes were heard to remain for July loading.

Price offerings for August loading cargoes of major grades Bonny Light and Qua Iboe were dated Brent plus $2.50-$2.60 a barrel.

India's IOC awarded its latest buy tender for west African crude loading Sept. 1-10 to Total for 3 million barrels of oil but grade details did not immediately emerge.

Indonesia's Pertamina has issued a tender for crude loading Aug. 1-8 set to close on Friday.

RELATED NEWS

Italian prosecutors are widening an investigation into suspected obstruction of justice by officials of oil group Eni , sources said, threatening to open a new legal front for the company as it defends itself in a major corruption trial.

Nigerian state oil company NNPC said late on Wednesday it had fully settled its debts to ExxonMobil's local subsidiary with a payment of $833.57 million.

NNPC said the money to Mobil Producing Nigeria (MPN) settled long-standing debts owed via "cash calls," or costs that it is obligated to pay to joint-venture partners in oil and gas exploration and production.

Copyright Reuters, 2019

Comments

Comments are closed for this article.