off-the-wire

W. Africa Crude-Spot activity perks up

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, March 6 (Reuters) - Some spot activity returned on Monday after a lull during a global industry event in London last week.

* Angola's state oil company Sonangol sold its April spot cargo of Girassol after lowering its offer level to dated Brent plus $3.00. Buyer and price details could not be confirmed immediately.
* Sonangol lowered its offers for Cabinda by 50 cents to dated Brent plus $2.50 and Dalia by 20 cents to dated Brent flat, one trader said.
* Perenco has several sell tenders closing this week for April-loading cargoes of Mandji, Rabi and Doba.
* Pertamina issued a buy tender closing this week for cargoes to be delivered in May.


* About 15-20 April-loading Nigerian cargoes were still available.



RELATED NEWS
* Exxon Mobil Corp hopes to obtain Nigerian government approval to allow the stalled sale of its shallow water oil production operations in the West African country, a top Exxon executive told Reuters. (Reporting by Julia Payne Editing by David Goodman )


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 ))))
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.