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W. Africa Crude-Spot activity quiet with Chinese holiday

Published 05/10/2020, 18:40
Updated 05/10/2020, 18:42
© Reuters.

LONDON, Oct 5 (Reuters) - Spot activity was quiet on Monday,
with big buyer China on holiday until mid-week, while rising
Libyan production weighed.

* Just under 10 cargoes of Angolan crude were still
available, including some on re-offer.
* Several cargoes of CLOV were available at dated Brent plus
70 cents, two cargoes of Saturno at dated Brent plus 10 and 20
cents respectively and two Pazflor at dated Brent plus 30.
* India's IOC has a buy tender closing on Oct. 8 for crude
loading Nov. 11-20.
* South Africa's Sasol postponed a tender for crude that
closed on Monday. The tender originally asked for cargoes
loading Nov. 21-26.

RELATED NEWS
* Libyan oil production has risen by about 20,000 barrels
per day (bpd) from last week to reach 290,000 bpd as exports
ramp up, a Libyan oil source told Reuters on Monday on condition
of anonymity.

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