W. Africa Crude-Angola issues May allocations

Published 26/03/2021, 17:48
© Reuters.

LONDON, March 26 (Reuters) - Angola's state oil firm
Sonangol released its May allocations on Friday, while demand
remained depressed, particularly in Europe, due to COVID-19
travel restrictions.

* Sonangol is offering two cargoes on a spot basis for May -
a cargo of Saturno loading May 18-19 at dated Brent plus $1.00
and a cargo of Cabinda loading May 8-9 at dated Brent plus 80
cents a barrel.
* Oando did not return to window to offer its cargo of
Pennington though the cargo remained unsold.

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