W. Africa Crude-India's IOC mops up 6 cargoes

Published 08/06/2020, 17:15
Updated 08/06/2020, 17:18
© Reuters.
BP
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LONDON, June 8 (Reuters) - India's IOC picked up at least
six cargoes of west African crude on Monday from Shell, Chevron,
Exxon Mobil and Vitol, traders said.

* Traders said these were likely all July loading although
IOC had issued two tenders last week seeking cargoes for July
4-13 and Aug. 1-10 loading.
* A few grade details emerged. Shell was said to be
providing Forcados and Bonga, Chevron a cargo of Agbami and
Vitol another cargo of Bonga.
* Around 30 July loading Nigerian cargoes were still
available.
* Cameroon's state oil firm sold a cargo each of Kole and
Lokele via tender. Unipec took the cargo of Kole but details on
the second grade did not immediately emerge.
* BP was said to have sold a cargo of July loading Angolan
Dalia.

RELATED NEWS
* BP BP.L will cut about 15% of its workforce in response
to the coronavirus crisis and as part of Chief Executive Bernard
Looney's plan to shift the oil and gas major to renewable
energy, it said on Monday. * Saudi Arabia will boost output in July to match its output
OPEC quota while ending deeper, voluntary cuts amid signs of
global demand recovering, the Saudi energy minister said on
Monday.

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