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W. Africa Crude-Bulk of Angolan placed, Exxon sells Erha

Monday, 04 September 2023 | 00:00

The bulk of Angola’s October-loading cargoes look to be placed, traders said on Friday in a sign of solid demand, while Exxon was heard to have sold a cargo of Nigerian Erha.

* About 13 Angolan cargoes are still available, a trader said, out of the 37 scheduled for loading in October.

* Exxon sold its cargo of Nigerian Erha to Total, a trader said. The cargo was on offer for dated Brent plus $5.30 on Thursday.

* Qua Iboe: Offers were still coming from dated Brent plus $4.40 a barrel, a trader said, steady from Thursday.

* Pertamina placed a buying tender on hold, a trader said. The reason was not clear.
Source: Reuters (Reporting by Alex Lawler, Additional reporting by Natalie Grover; Editing by Louise Heavens)

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