LONDON, March 29 (Reuters) - Spot demand was still low on
Monday with an oil major offering unsold April cargoes to Europe
in a rare move for the region while some straggling, prompt
March cargoes were sold in the last week.
ANGOLA
* A few April loading Angolan cargoes remained.
* Sonangol was still offering two cargoes on a spot basis
for May - a cargo of Saturno loading May 18-19 at dated Brent
plus $1.00 and a cargo of Cabinda loading May 8-9 at dated Brent
plus 80 cents a barrel.
* Chevron was offering May loading Angolan Cabinda at dated
Brent plus 80 cents and BP was showing Angolan Saxi at dated
Brent minus 50 cents a barrel.
NIGERIA
* The April overhang was about 20 cargoes.
* BP was Forcados at dated Brent plus 60 cents, and Escravos
at plus 70 cents a barrel.
* Chevron offered two crude grades off a VLCC - Bonny Light
at dated Brent plus $1.45 and Escravos at dated Brent plus $1.40
for Rotterdam or Augusta arrival May 7-13.
RELATED NEWS
* Shipping traffic through Egypt's Suez Canal resumed on
Monday after a giant container ship which had been blocking the
busy waterway for almost a week was refloated, the canal
authority said.