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W. Africa Crude-Some Angolan offers trimmed

Tuesday, 11 July 2023 | 00:00

Offers of some Angolan cargoes for August loading were heard to be slightly down on Monday while differentials in the Nigerian market looked steady.

* Olombendo was offered at dated Brent plus $2.30 and CLOV at dated plus $2.75, a trader said. The CLOV offer was down 5 cents from an offer last week.

* About 10 cargoes of August-loading Angolan crude are left, traders said, including re-offers. September’s loading schedule is expected to emerge next week.

* On Nigerian crude, Bonny Light was last offered at dated Brent plus $2.00. No revised offer levels were heard on Monday.
Source: Reuters (Reporting by Alex Lawler, Editing by David Goodman)

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