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
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
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