LONDON, Dec 8 (Reuters) - Buyers continued to largely hold
off on purchases amid poor margins ahead of tender results.
* Chinese buying continued to be slow, causing offers for
some key grades to slip.
* Angolan Cabinda crude was last offered a little above
dated Brent plus $1.50, down from around $2 at the start of the
trading cycle.
* Uruguay's state-run ANCAP has issued a tender for crude
for January arrival set to close this week.
* India's IOC issued a buy tender for two cargoes of crude
loading Feb. 1-10 which includes several West African grades,
set to close on Thursday.
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* Abu Dhabi National Oil Company (ADNOC) has informed some
term buyers that it will reduce the contractual volume of crude
loading in January, three sources familiar with the matter told
Reuters on Tuesday. * Oil companies such as BP and Shell are nurturing nature as
a future revenue stream, betting on an expected rise in carbon
credit prices as their fossil fuel profits ebb.