LONDON, March 30 (Reuters) - Demand was limited on Monday
and supply risks in Nigeria rose as oil-rich states began to
institute lockdowns.
* Angola's state firm Sonangol sold one of its two cargoes
of Dalia at the end of last week. It was still offering: Cabinda
at dated Brent plus 50 cents, CLOV at dated Brent plus $1.20, a
second Dalia at dated Brent minus 40 cents and Girassol at dated
Brent plus $1.50.
* A West African industry source said that disruptions to
oil installations in Nigeria were increasingly likely as states
in the oil-rich delta region progressively shut down.
* Rivers state closed all its borders and imposed a curfew
last week while Delta state closed its borders and would start a
lockdown on Wednesday.
* Meanwhile, Nigerian President Muhammadu Buhari announced a
14-day lockdown in Lagos and Abuja starting Monday night.
* The number of refineries cutting runs continued to grow
with Turkey's Tupras added to the list with 20-50% cuts across
its various plants. * Turkey was a regular buyer of Nigerian crude but traders
said they have not seen buy tenders for about a month.
* Canada's 130,000 barrel-per-day Come By Chance refinery
was shutting down, the first in North America. * Global commodities trader Trafigura's chief economist said
oil demand could fall by more than 30 million barrels per day
(bpd) in April with refinery run cuts reaching 12-13 million
bpd.