LONDON, June 26 (Reuters) - Angolan cargoes were again
offered in the Platts window, as weak East Asian demand
persists, but sold relatively promptly.
NIGERIA
* Outages in the North Sea helped put Nigerian oil on pace
to arrive in Europe at the highest levels in seven months in
June at 905,000 barrels per day (bpd), the most since a roughly
five-year high of about 1 million bpd in November. * August exports for four main grades were set to rise
155,000 bpd from July according to preliminary programmes.
* Mediterranean countries have been taking less crude from
other WAF countries such as Angola and Cameroon, according to
consultancy FGE Energy.
* The possibility of a permanent shutdown to the
fire-stricken Philadelphia Energy Solutions refinery may stand
to benefit Nigerian crude as U.S. gasoline demand rises.
* Around 4-5 cargoes for July loading remain, as the first
overhang of 2019 lingers on sluggish Asian demand.
* Songangol finished allocating its July loading cargoes to
its term buyers.
* Key oil companies were offering Angolan cargoes on the
Platts window, rare for the usually less transparent market.
* The cargoes have sold relatively swiftly, however, unlike
last month when cargoes lingered on the window for days.
* Unipec sold a cargo of Saturno, ENI a Hungo and Exxon a
Kassanje.
* A cargo of Dalia, one of Angola's more liquid streams, was
heard to have been sold at a $2 above dated Brent, easing off
from $2.50 paid for at least one cargo last month.
* Gasoline cracks have been relatively low in southern
Europe, and with Urals differentials easing, Med refiners have
been more eager to buy Russian crude than import and blend
Angolan with lighter crudes.
TENDERS
* Indonesia's Pertamina issued a tender for a cargo of West
African loading in August set to close on Wednesday.
* India's HPCL was also heard to have an issued a tender set
to close this week but details did not immediately emerge.
RELATED NEWS
* U.S. crude oil stocks fell by nearly 13 million barrels
last week, the most in nearly three years, as exports hit a
record high, the Energy Information Administration said on
Wednesday.