Traders were waiting for the new Angolan programme for July on Friday that is due out on Monday with most of previous month’s cargoes having cleared.

China’s Unipec bought a cargo of June-loading Nemba from Chevron. The cargo had been offered at dated Brent minus 70
cents earlier this week. Final price details did not immediately emerge.

India’s IOC did not award its latest tender and instead issued a new one. In the new tender, IOC was looking for west
African crude loading later on June 18-30. The tender closes on May 19.


Source: Reuters