Term allocations for September-loading Angolan cargoes emerged with healthy volumes again going to Chinese state firms as August-loading cargoes had not yet sold out.

Sonangol allocated six cargoes to China’s Sinochem, one to China’s Unipec and one to India’s IOC.

At least two Angolan August cargoes remain unsold, a source said, from previous estimates of up to 10 available.

Sonangol kept unchanged offers for September spot cargoes, offering Dalia at dated Brent plus 50 cents, Girassol at plus $3.50 and Gimboa at minus 50 cents.
Source: Reuters (Reporting by Robert Harvey; Editing by Maju Samuel and Louise Heavens)