Exports of top Nigerian crude oil grades are set to decline in February, loading programmes showed, while the Angolan market has yet to clear all of the January-loading cargoes in a sign of sluggish demand.

* Exports of four key Nigerian crude oil grades – Qua Iboe, Bonny Light, Bonga and Forcados – will average 815,000 barrels per day (bpd) in February, preliminary programmes seen by Reuters on Friday showed, down from a planned 841,000 bpd scheduled to load in January.

* On Angolan crude, there are still two or three January-loading cargoes still to be sold, traders said. Demand was relatively slow because of subdued buying interest from China.

* State oil company Sonangol has already sold two February-loading cargoes and is offering its Cabinda cargo at dated Brent plus $1, a trader said.
Source: Reuters