Some November cargoes of Nigerian crude were still on offer on Thursday but sellers stayed generally on the sidelines as they awaited a significant tender result.
Up to 10 cargoes are left from Nigeria’s November loading programme. Shell was offering a cargo of Agbami loading Nov. 25-27 at dated Brent plus 30 cents a barrel. Trafigura sold a cargo of Forcados to Total earlier this week.
Nigerian Bonny Light, Bonga and Qua Iboe were offered at around dated Brent plus $1.75 a barrel, unchanged from the previous day, but found no buyers. Indonesia’s Pertamina issued a tender for crude delivered in January and February. The tender closes on Nov. 1 and bids remain valid until Nov. 5.