Angola’s preliminary export schedule for July shows it is trimming the number of cargoes it plans to sell compared with June.

Angola is set to export 37 crude oil cargoes in July for a daily rate of about 1.1 million barrels, in line with its output cut pledge in an OPEC+ production deal.

India’s IOC has re-issued a tender set to close on May 19 for West African crude loading on June 18-30. Traders are looking to the tender for clarity on spot prices as differentials in West African oil grades and the Mediterranean have edged up since the beginning of the month.

 

Source: Reuters

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