LONDON, May 26 (Reuters) - Nigeria's July programmes showed
higher output on key grades on Tuesday after the country reduced
its production in May and June to meet an OPEC-led deal to cut
output as coronavirus lockdowns weighed on fuel demand.
* Nigeria's state oil company on Friday raised June official
selling prices for both Bonny Light BON-E and Qua Iboe crude
oil QUA-E to dated Brent minus $1.05 per barrel.
* The May differential for Bonny Light was dated Brent minus
$3.95 per barrel and for Qua Iboe, minus $3.92.
* Exports of Nigeria's key crude oil grades Forcados and Qua
Iboe will jump in July, while Bonny Light will edge slightly
lower, loading programmes showed on Tuesday. O/LOAD
* Forcados crude oil exports are set to jump to 272,000
barrels per day (bpd) in July, from 190,000 bpd in June, while
Qua Iboe will load at a rate of 215,000 bpd in July, up from
only 95,000 bpd in June. * The Agbami and Escravos programmes will have five cargoes
each in July.
* Nigeria's Bonga crude oil export terminal has begun a
two-week routine maintenance, operator Shell RDSa.L said on
Tuesday, that began on May 21. * BP was offering a cargo of July loading Girassol at dated
Brent plus $3.50 and a cargo of Saturno at dated Brent plus
$1.00 a barrel.
* Several cargoes of June loading Nigerian crude were on
offer. BP was showing Escravos at dated Brent plus $2.50 and
Forcados at dated Brent plus $2.85.
* Eni offered a June loading cargo of Saxi at dated Brent
plus $1.90 and Brass River at dated Brent plus $1.50 a barrel.
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