LONDON, June 29 (Reuters) - Sales of August-loading Angolan
crude oil are better than the previous month, traders said,
while West African exports to Europe for June were the lowest in
years.
* Between 15 and 20 cargoes of Angolan crude oil remain to
be sold for August, amid draws on refined product stocks in some
key markets and reduced price offers.
* There was a glut of oil for the July export programme even
after August programmes were published, due to slowdown in
Chinese purchases.
* Traders predict sale prices may continue to slip as China
holds off on purchases of spot cargoes.
* Exports of West African oil to Europe for June slipped to
their lowest level since November 2014, according to Refinitiv
Eikon data.
* The data showed a relative uptick in Chinese buying
compared with previous years, but those flows were still down
versus the prior two months when China snapped up cheaper crude
amid a downturn in global demand.
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