LONDON, Feb 19 (Reuters) - Volumes of March-loading crude
oil continued to sell only slowly as Chinese demand remained
muted and Asian buying in general was sparse.
* Between five and 10 cargoes remained from Angola's March
programme, with price offers remaining largely steady as sellers
counted on interest from European buyers.
* Term allocations were still being finalised for Angola's
April export programme which was released on Tuesday.
* Chinese buying remains almost at a standstill, and traders
said a buying spurt by independent refineries around a week ago
appeared to be an isolated incident and that record gluts and
low prices for this late in the trading cycle persisted.
* European refineries have steadily bought up Nigerian
cargoes as Suezmax freight rates to the continent hit their
lowest rates since mid-September.
* Indonesia's Pertamina closed a buy tender for crude
cargoes for delivery May 1-3. Results are expected in the next
few days.
* Thailand's IRPC was running two tenders for sweet and sour
crude for late-April to early-May delivery valid until February
* Taiwan's CPC closed a tender for West African sweet crude
for April arrival valid until February 21.
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