Sonangol finalises July term allocations for crude

Angolan state oil company Sonangol has finalised its allocations of July-loading crude to term buyers, traders said on Tuesday.

Two cargoes of June-loading crude are left to sell, a trader said. Sonangol has allocated all of its July-loading cargoes to term buyers and still has a cargo of Mostarda available, a trader said, which is being offered.

Dalia: Sonangol sold a cargo of this grade in a tender, due to high demand, a trader said. There has yet to be a spot trade of July-loading crude.


Source: Reuters



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