W. Africa Crude-Spot trade sidelined by tenders

Published 22/05/2019, 17:32
W. Africa Crude-Spot trade sidelined by tenders
TTEF
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LONDON, May 22 (Reuters) - Spot sellers stayed mainly on the
sidelines on Wednesday waiting for the results of a large number
of tenders before making fresh offers.

* Angola's state firm Sonangol was offering a cargo of
Mostarda at dated Brent plus $1.20 a barrel.
* Around 15 June-loading cargoes of Nigerian crude were
still available.
* Taiwan's CPC closed a buy tender with details expected to
emerge on Thursday.
* India's HPCL closed a buy tender for West African crude
for July 1-10 loading but winners did not immediately emerge.
* Uruguay's ANCAP closed a buy tender for a 1 million barrel
cargo for July 28 to Aug. 1 delivery but details of the result
were not immediately available.
* Indonesia's Pertamina issued a buy tender for crude
loading in July. The tender also closes on Wednesday and remains
valid until May 27.

RELATED NEWS
* Angolan state oil company Sonangol said on Tuesday it had
awarded its refined products buy tender for the next 12 months
to Total TOTF.PA and Trafigura TRAFGF.UL .

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