LONDON, May 11 (Reuters) - Offers for heavier crude oil from
West Africa edged up on Tuesday as demand for jet fuel rose, but
gluts of unsold supply weighed on sentiment.
* Jet fuel margins in Asia rose to their highest since the
start of the COVID-19 pandemic in March 2020.
* Angola's state oil company Sonangol sold out of
June-loading supplies after last offering its sole remaining
cargo of Gimboa at dated Brent minus 20 cents.
* Offers for Angolan oil were up about 20 to 30 cents across
the board, traders said, with between five and 10 cargoes
loading in June yet to find buyers.
* Congolese Djeno continued to sell slowly, with offers
still below about dated Brent minus $1.
* Lighter Nigerian oil fared more poorly because of a build
in supply because of reduced imports from top customer India.
* Medium grades were stronger, with Forcados last offered at
dated Brent plus 30 cents.
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* India's top state oil refiners are reducing processing
runs and crude imports in the face of reduce fuel consumption
because of the surging COVID-19 pandemic. This has led to higher
product stockpiles at plants, company officials told Reuters on
Tuesday. * Supplies of gasoline tightened further in parts of the
United States on Tuesday as the nation's biggest fuel pipeline
remained shut for a fifth day after an attack by hackers,
raising concerns about price spikes ahead of the Memorial Day
holiday.