LONDON, April 7 (Reuters) - European demand was failing to
mop up an overhang of crude on Wednesday as the region faces
competition from cheap U.S. barrels and Mediterranean grades.
* Differentials for Russian Urals have plunged to a one-year
low while Azeri Light was at its lowest since October last year.
CRU/MED
NIGERIA
* At least 10 cargoes of April loading crude were still
available and slow to clear.
* Exxon Mobil was offering Qua Iboe cargoes loading in May
at dated Brent flat, down from plus 10 cents previously. The
company was also showing Chadian Doba at dated Brent plus 60
cents, down 20 cents.
* Gunvor was offering an end-May loading cargo of Qua Iboe
at dated Brent plus 20 cents.
* Eni was showing a cargo of Forcados at dated Brent minus
20 cents, Brass River at minus 30 cents and Bonga at plus 40
cents a barrel.
ANGOLA
* Around a dozen May-loading cargoes were available from
equity holders. Eni was offering Cabinda at dated Brent plus 30
cents loading in late May.
* Chevron was offering a cargo of Nemba at dated Brent minus
80 cents.
* CLOV was on offer at dated Brent plus $1.00 and Dalia at
minus 10 cents.
* State company Sonangol was still offering a cargo of
Saturno at dated Brent minus $1.50, loading May 18.
* Exxon sold last week a cargo of Kissanje at dated Brent
minus 60 cents. The buyer was said to be Shell.
TENDERS
* South Africa's Sasol closed a buy tender, seeking crude
for May 24-25 delivery, closing April 6. Shell won with a cargo
of Nigerian Forcados loading in April.
* India's IOC issued two new tenders for west African crude
loading in early June. Both close April 8.
* Pertamina did not award a tender that closed earlier this
week and was expected to reissue a new one for May barrels.