LONDON, Nov 27 (Reuters) - Offers were slipping for Angolan
and Nigerian crude amid slow trading, as Asian buyers largely
held off on buying despite relatively robust refining margins.
* Offers for several grades of Angolan crude slipped by as
much as 50 cents from earlier this week, as Chinese buying
largely paused.
* The slowdown in buying comes despite relatively high
margins for most products except jet fuel, with gasoil margins
in East Asia hovering around 3-month highs of about $5 a barrel.
* Chevron won a tender by India's IOC for a cargo of
Nigerian Agbami crude in one of the two buy tenders which closed
on Thursday.
* India's IOC has purchased between 10-15 million barrels of
West African, mostly Nigerian, crude in its latest several
tenders, as refinery processing there hits the highest levels
since March.
* Still, offers for lighter, sweeter Nigerian crude slipped,
especially hard hit by slower European buying.
* The grades were being offered just above dated Brent plus
50 cents, down 10-15 cents from earlier in the week.
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