West African crude differentials were steady on Friday, after coming under some pressure this week, according to traders.

Traders discussed signs of downward pressure on light, sweet Nigerian grades this week.

Nigerian Qua Iboe was offered at dated Brent plus $2.75 to $2.95, lower than recent indications, a trader said.

Bonny Light was last offered at dated Brent plus $2.50.

Nigerian Forcardos for loading March 27-28 was offered at dated Brent plus $3.50 a barrel and a cargo for April 25-26 was offered at dated Brent plus $3.80, a trader said earlier in the week.

There were no fresh price discussions on Angolan grades on Friday. Angolan Cabinda was last heard to be on offer at dated Brent plus $2.20, Sangos at dated Brent plus 75 cents and Olombendo at dated Brent plus $2.50.
Source: Reuters