LONDON, June 23 (Reuters) - Nigeria issued its official
selling prices and started to issue its latest loading
programmes on Tuesday, while spot trading of August-loading
Angolan crude got under way.
PLATTS WINDOW
* No pricing indications for West African crude were seen on
Tuesday, a trade source said.
NIGERIA
* Nigeria raised its July official selling prices for Bonny
Light and Qua Iboe crude to dated Brent plus 19 cents and plus
22 cents per barrel, respectively, reflecting a stronger market.
CRU/OSP
* Loading programmes for August also started to emerge and
point to lower supply, in line with Nigeria's commitment to cut
output further following an OPEC-led supply cut deal. The Qua
Iboe stream will load just six cargoes. O/LOAD
* Bonny Light and Qua Iboe were still being offered at dated
Brent plus 50 cents to $1.00, depending on loading dates, a
trader said.
ANGOLA
* Sonangol has already sold August-loading spot cargoes of
Dalia and Cabinda, to trading companies, traders said. There are
38 August-loading cargoes in the programme, of which Sonangol
allocated 13 to term customers.
* Sellers say the market has shown signs of recovery but
there was a degree of uncertainty about the level of Chinese
demand. One large Chinese buyer has yet to bid for any August
barrels.