W. Africa Crude-Perenco offers crude as diffs under pressure

LONDON, March 29 (Reuters) - Perenco issued tenders for May-loading crude while differentials for West African crude remained under pressure from slow sales to China and Europe.

* Indonesia's Pertamina closed a tender for June-arriving crude due, but results were slow to emerge.
* French oil company Perenco issued sell tenders for three varieties of crude oil due to close later this week - Cameroonian Kole, Gabonese Mandji and Rabi Light.
* French refinery strikes continued to squeeze demand for West African and especially Nigerian crude, where almost three dozen April-loading cargoes remain unsold.
* Finalized Angolan export plans for May remained steady at 33 cargoes, a relatively low volume.
* Offers for light sweet Nigerian Qua Iboe and Bonny Light crude stood at about dated Brent plus $1.60 a barrel, traders said, down by about 40 cents since the end of last week.
(Reporting by Noah Browning; Editing by Devika Syamnath)

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-Perenco offers crude as diffs under pressure

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