W. Africa Crude-Asian tenders closed as market awaits Nigerian volumes

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, April 19 (Reuters) - Two large Asian refiners closed buy tenders on Wednesday while the market waited for June export plans for Nigeria.



* Pertamina and HPCL closed buy tenders on Thursday for June and July arriving supplies but results had not yet emerged.
* South Asia's profile as a key destination for oil from the region has grown larger as European demand has ebbed in recent months.
* India's IOC partly satisfied its latest buy tender with a cargo of Angolan Olombendo from Eni, while Pertamina last picked up Nigerian Escravos and Bonny Light.
* Angolan caroes for loading in May had yet to fully sell out, traders said, days after June export plans were released.
* Traders continued to await any potential impact to production a day after Exxon declared force majeure over its operations in Nigeria.
* June export plans for Nigerian crude were due to emerge imminently. (Reporting by Noah Browning; Editing by Kirsten Donovan)


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