IOC mops up some Angolan crude cargoes

A spot cargo of Angolan traded on Thursday while more crude cleared in a Indian tender.

Angola’s state oil firm, Sonangol, sold its cargo of Girassol after offering it at dated Brent plus $2.70. The firm was still offering a cargo of Cabinda loading April 23 at dated Brent plus $3.20.

South Africa’s Sasol awarded its latest buy tender to Total for end-April arrival crude but grade details did not
immediately emerge.

India’s IOC awarded a buy tender for cargoes loading May 1-10 to Chevron, Vitol and Total. The total volume was around 5 million barrels but grade details did not immediately emerge.

 

Source: Reuters

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