LONDON, Oct 15 (Reuters) - Differentials for west African
grades continued to fall on the back of high freight rates due
to sanctions on subsidiaries of China's shipping firm COSCO.
* Vitol lowered its offer for a prompt cargo of Forcados in
the window by 75 cents to dated Brent plus $4.10 on a delivered
basis Rotterdam or Lavera during Oct. 20-25. On Monday, it had
offered the same cargo at plus $4.85.
* Angola's December loading programme was expected to emerge
on Wednesday.
* India's HPCL issued a buy tender for three VLCCs of crude
loading in the first quarter of next year closing on Oct. 18.
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* Asia's largest refiner, Sinopec 600028.HK , is weighing
plans to cut oil imports in December and reduce output at its
refineries after a surge in global tanker freight rates hit
margins, four sources with knowledge of the matter said.