Spot trade was thin on Tuesday as traders awaited December Nigerian loading programmes as well as results of a major Indian tender. Around 20 cargoes of November Nigerian crude were left in the programme.
Indian refiner HPCL was said to have issued a three-month term tender for crude delivering between December this year and March next year. Results were expected by Friday.
South Africa’s Sasol was said to have awarded a buy tender for a cargo of Nigerian Qua Iboe loading around Nov. 20 to Trafigura.