A few more Angolan cargoes scheduled for November loading have sold, a trader said on Monday, with December cargoes still unchanged.

There are about 6 or 7 cargoes left from Angola’s November loading schedule, compared with about 7 or 8 on Friday, the trader said.

Angola’s December loading programmes emerged last Wednesday, with the country expected to offer 37 cargoes, up from the 32 planned for November.

Earlier this month, some key WAF grades were being offered at high premiums to dated Brent, with prices hitting multi-month highs, but weak refining margins began to subdue demand, traders said.
Source: Reuters (Reporting by Natalie Grover in London; Editing by Krishna Chandra Eluri)