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