Nigerian Qua Iboe, Bonny Light crude taken in Indian tender, BP sells Forcados

Some spot trade resumed on Thursday after some cargoes cleared in an Indian tender but results of several more were still due to be announced.

Just over 10 June-loading cargoes of Nigerian crude were still available after BP was said to have sold a cargo of Forcados, traders said, but further details did not emerge.

India’s HPCL awarded its buy tender for West African crude for July 1-10 loading to Shell and BP for a VLCC of Bonny Light and Qua Iboe, traders said. The majors are co-loading on the same VLCC.


Source: Reuters




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