off-the-wire

W. Africa Crude-Nigerian Qua offers ease, programmes in focus

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, April 14 (Reuters) - Nigerian Qua Iboe crude offers were heard to be easing on Friday amid signs that demand had yet to perk up despite the end of a month-long strike that shut French refineries.


* Offers of Nigerian crude have risen this week in anticipation of more demand. France is normally a key European destination for Nigerian crude.
* Nigerian Qua Iboe crude was offered for as much as dated Brent plus $3.00 for a May-loading cargo this week, up over $1 from levels heard on Tuesday.


* On Friday, offers were slightly lower at dated Brent plus $2.25 to $2.50 depending on dates, a trader said.
* In the Angolan market, attention is focused on the next round of loading programmes. The Angolan programme for June is
out on Monday, a trader said.
(Reporting by Alex Lawler; Editing by Susan Fenton)

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

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