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    Home » West Africa Crude – India’s IOC takes four cargoes

    West Africa Crude – India’s IOC takes four cargoes

    May 23, 2020
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    London -- Indian refiner IOC helped mop 
    up some June loading of Nigerian 
    cargoes on Friday and there was still 
    no sign of Nigerian official selling 
    prices or Angolan term allocations.
        
    India's IOC awarded its tender 
    for July loading cargoes to Chevron, 
    Equinor and Shell, traders said. 
    
    Chevron won with a cargo of Ghanaian TEN Blend, Shell with cargoes of 
    Nigerian Bonga and Brass River and Equinor with a cargo of 
    Nigerian Agbami. 
    
    Eni sold a cargo of Ghanaian Sankofa to Shell, two traders said. 
    
    BP was offering a cargo of July loading Girassol at dated Brent plus 
    $3.50 and a cargo of Saturno at dated Brent plus $1.00 a barrel. 
    
    Several cargoes of June loading Nigerian crude were on offer. BP was 
    showing Escravos at dated Brent plus $2.50 and Forcados at dated Brent 
    plus $2.85. 
    
    Eni offered a June loading cargo of Saxi at dated Brent plus $1.90 and 
    Brass River at dated Brent plus $1.50 a barrel.
    
    West Africa Crude – Nigeria, Angolan diffs jump on cheap freight

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    - Reuters

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