
Singapore — Thailand’s state oil company PTT has bought one cargo of Nigerian Agbami crude on behalf of Thai refiner IRPC via a tender awarded last week, two trade sources said on Wednesday
* The cargo was bought at a premium of around $3 a barrel to dated Brent on a delivered-ex-ship (DES) basis, said one of the sources
* The cargo of less than 1 million barrels of crude will be delivered in early October, the source said
* Details about the seller and prices were not immediately available
* In May, PTT bought up to 1.8 million barrels of sweet crude to be delivered in July and August, most of which were Nigerian and U.S. crude.
- Reuters