W. Africa Crude-Spot trade thin, some programmes missing

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FILE - In this Monday, Dec. 26, 2011 file photo, Shell Bonga offshore oil Floating Production Storage and Offloading vessel off the coast of the Niger Delta in Nigeria. Shell closed the terminal exporting Nigeria's benchmark Bonny Light crude oil on Wednesday May 11, 2016 and was evacuating workers from a threatened oil field as renewed militant attacks cut production in Africa's biggest petroleum producer, the company and a union leader said. (AP Photo/Sunday Alamba, file)

LONDON, July 23 – Angolan differentials remained supported on Monday by strong Asian demand due to open arbitrage but Nigerian spot remained slow, with some programmes still missing and allocations not yet clear.

* Angola’s state oil company was offering three cargoes: Cabinda at dated Brent flat, Dalia at dated Brent minus 80 cents a barrel and Saturno at dated Brent minus $1.

* Nigeria’s Forcados programme for September had yet to emerge.

* Indonesia’s Pertamina closed a crude tender for September delivery. Buyer details were not immediately available.
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