West African crude oil differentials were steady on Tuesday after falling in recent sessions on higher freight costs.
* Around six October-loading Angolan cargoes are still for sale, a trade source said. November’s schedule is due in the next few days.
* Buying tenders from India’s HPCL and Indonesia’s Pertamina are running, discouraging sellers from offering, a trader said.
* A jump in freight costs has weighed on sentiment in recent days, prompting some traders to say differentials need to fall.
* On Monday, Angola’s Girassol was offered at dated Brent plus $1.50 and Hungo at dated Brent plus 59 cents, both weaker than previously heard levels.
Source: Reuters