off-the-wire

W. Africa Crude-Differentials steady to weaker on subdued demand

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, March 30 (Reuters) - West African crude differentials were steady to weaker on Thursday amid ample supply and weak demand from Europe and China, though some cargoes are finding homes.


* Angola's state oil company Sonangol sold its cargo of Gimboa, which was last offered at dated Brent minus $4.10, a trader said.
* Girassol: Sonangol trimmed its offer to dated Brent plus $2.50, down 50 cents from the last offer heard.
* Saturno: Sonangol also offered a cargo at dated Brent minus $3.50. This offer was not heard earlier this week.
* Nigerian crude differentials remained under pressure as
French refinery strikes squeezed demand. Qua Iboe was last on offer at dated Brent plus $1.60. (Reporting by Alex Lawler Editing by David Goodman )

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

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