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W. Africa Crude-Offers abound, spot relatively quiet

Published 25/09/2020, 15:57
© Reuters.
SHEL
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LONDON, Sept 25 (Reuters) - Many cargoes were on offer on
Friday at higher levels than recent trades while traders awaited
the final Angolan loading programme and the result of several
tenders.

* Exxon Mobil was said to have bought a cargo of Gabon's
Rabi Blend from Vitol loading around Nov. 20.
* Nigerian Brass River and Escravos were offered at dated
Brent plus 20 cents and dated Brent plus 40 cents, respectively.
* Eni was offering Angolan Nemba at dated Brent minus 40
cents loading in November.
* Various Angolan grades were on offer - Dalia at plus 50
cents, CLOV at plus 95 cents, Cabinda at plus 40 cents, Gindungo
and Zafiro at plus 30 and Kissanje and Pazflor at plus 50 cents.
* Congolese Djeno was on offer at minus 30 cents and Chad's
Doba Blend at dated Brent flat.
* Uruguay's Ancap awarded a tender for crude arriving in
November to Petraco for Nigerian Bonny Light, though price
details did not emerge.
* Two more tenders by the South American refiner were valid
until later on Thursday.

RELATED NEWS:
* Royal Dutch Shell RDSa.L has provisionally booked a
tanker to load a crude cargo at Libya's Zueitina terminal on
Oct. 3, potentially the first since January at the recently
reopened port.

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