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W. Africa Crude-IOC re-issues tender, Angolan programme awaited

Published 15/05/2020, 17:09
© Reuters.
0386
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LONDON, May 15 (Reuters) - Traders were waiting for the new
Angolan programme for July on Friday that is due out on Monday
with most of previous month's cargoes having cleared.

* China's Unipec bought a cargo of June-loading Nemba from
Chevron. The cargo had been offered at dated Brent minus 70
cents earlier this week. Final price details did not immediately
emerge.
* India's IOC did not award its latest tender and instead
issued a new one. In the new tender, IOC was looking for west
African crude loading later on June 18-30. The tender closes on
May 19.
* China's Sinopec Corp 0386.HK has appointed Chen Gang,
acting president of its trading arm Unipec as the new managing
director of the unit, three people with knowledge of the matter
said. He replaces former president Chen Bo, who was suspended in
2018 after Unipec incurred record derivatives trading losses.

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