LONDON, March 16 (Reuters) - West African crude
differentials were under downward pressure on Friday due to
ample supply and the impact of the coronavirus outbreak on
demand, as traders awaited the latest Angolan programmes.
PRODUCTION
* Angolan and Nigerian production remains unaffected by any
precautions companies are taking related to the coronavirus
outbreak, trade sources said.
NIGERIA
* Nigeria has more than 30 unsold April-loading cargoes due
to a drop in demand, according to estimates from traders. The
state oil company last week put the total number at around 50.
* One trader expected differentials to go lower. Qua Iboe
was last offered at dated Brent plus $2.00.
ANGOLA
* A few cargoes in the current monthly trading cycle are
left to sell. The May loading programme is due imminently.