W. Africa Crude-Angolan offers steady, Nigerian supply ample

LONDON, March 2 (Reuters) - Offers of Angolan crude were heard to be steady on Thursday after a quiet week, traders said, while Nigerian supply was heard to be plentiful.

* Spot activity has been limited this week as traders focused on attending International Energy Week events in London.
* Angola's state oil firm Sonangol was still offering three April-loading spot cargoes: Girassol at dated Brent plus $3.20, Cabinda at dated Brent plus $3.00 and Dalia at dated Brent plus 20 cents a barrel, a trader said.
* Nigerian crude was heard to be in ample supply, potentially weighing on differentials.

* Higher Nigerian output has helped boost OPEC output in February, surveys from Reuters and Bloomberg found this week. (Reporting by Alex Lawler; Editing by Elaine Hardcastle)

Messaging: alex.lawler.reuters.com@reuters.net))

W Africa Asia crude exports, monthly New African oilfields speed guide crude speed guide
NYMEX crude ICE crude North Sea crude oil oil products derivatives European products Latest ICE Latest NYMEX ))))

Reuters

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

off-the-wire

W. Africa Crude-Angolan offers steady, Nigerian supply ample

By Reuters

Reuters

Reuters

Gold has a path to $4,000 as U.S. credibility crumbles - WisdomTree’s Nitesh Shah

Why gold revaluation charts put prices at $25,000-$55,000 if history rhymes, silver poised for breakout: Crescat Capital Strategist

Whether 145% or 10%, tariff uncertainty is enough to stop U.S. gold and silver imports, distort the metals market at all levels – Experts

Gold price plummets as U.S.-China trade relations thawing

Gold price down a bit amid better risk appetite