off-the-wire

W. Africa Crude-Spot trade muted, Angola reduces offer levels again

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, March 10 (Reuters) - Spot activity was muted on Friday with Angola reducing its offer levels for a second time and IOC taking crude in a tender.

* India's IOC was said to have bought a cargo of Congolese Djeno from Total in its latest tender for April 14-23 loading.


* Angola's state oil company Sonangol reduced its offers for April loading Cabinda at dated Brent plus $2.20 and Dalia at dated Brent minus 20 cents. RELATED NEWS
* BP CEO Bernard Looney's 2022 pay packet more than doubled to around $12 million on the back of bumper profits amid spiralling energy prices, while BP's emissions were broadly unchanged, its annual report showed on Friday. (Reporting by Julia Payne; Editing by David Gregorio)


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