LONDON, Nov 4 (Reuters) - West African crude trade was muted
on Wednesday with a widening price gap between medium to heavy
and light, sweet grades, which face new competition from Libyan
crude exports.
* Asian demand for medium and heavy Angolan grades was still
propping up prices but Nigerian levels were falling as Europe's
beleaguered refiners are hit by a second round of coronavirus
lockdowns.
* At least 10 Angolan December loading cargoes remained
available with half of those still with equity holders.
* India's IOC awarded a buy tender for end-year loading
crude to Chevron for a cargo of Agbami and Total for a cargo of
Egina.
RELATED NEWS
* Total TOTF.PA is seeking to sell stakes in a number of
Angolan oilfields, in what is seen as an early sign of an
expected wave of divestments by big energy companies from the
West African country, industry sources said. * Italy's Saras SRS.MI said on Wednesday it is talking to
banks to strengthen its liquidity position after swinging to an
operating loss and pushing refining recovery to the second half
of next year.