W. Africa Crude-Angolan offered at high levels

Published 30/10/2019, 17:58
© Reuters.  W. Africa Crude-Angolan offered at high levels

LONDON, Oct 30 (Reuters) - Sellers offered Angolan crude oil

at high levels on Wednesday, although potential buyers remained

on the sidelines hoping for lower asking prices.

ANGOLA

* About half of Angola's 44 cargoes loading in December are

still available, a trader said.

* Girassol was being offered at a premium of around $2.90 to

dated Brent, up from an offer reported on Monday.

* Dalia was being offered at dated Brent plus $2.00 and

Cabinda at dated Brent plus $2.50 - both relatively high levels.

NIGERIA

* Nigerian Bonny Light was still being offered at a premium

to dated Brent of around $2 and Egina at in excess of $4 above

dated Brent amid intense interest around the transition to

low-sulphur shipping fuel.

* Up to 15 cargoes of Nigerian crude remained for export in

November, traders said, in addition to December's cargoes.

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