W. Africa Crude Traders Await Sept Programs

Monday, July 15, 2019

Some August-loading Angolan cargoes cleared but trading was slow on Monday as new programs were expected to emerge this week.

The preliminary Angolan loading program for September is expected to emerge on Tuesday. New Nigerian programs are expected at the end of the week.

BP's August-loading cargo of Girassol, two August-loading cargoes of Mostarda were sold to India's Reliance, China's Unipec and an independent Chinese refiner, a trader said. The Mostardas were sold at less than dated Brent minus $1.00 a barrel.

A cargo of Gindungo was being offered at dated Brent plus 35 cents a barrel.

Separately, Phillips 66 was preparing to begin a restart on Monday of its southeast Louisiana refinery, which was shut because of the threat of Tropical Storm Barry, the company said.

Reporting By Julia Payne

Categories: Tankers

Related Stories

Oil Rises as Fragile Middle East Ceasefire Sustains Supply Risks

Nam Cheong Locks In Two OSV Charters amid Tight Southeast Asia Supply

Sunda, Finder Target Shared Rig for Timor-Leste Offshore Drilling

Fire at ONGC's Offshore Platform Injures 10, Operations Normalized

CPC Oil Exports via Black Sea Stable After Attack Reports

Russia’s Yamal LNG Resumes Shipments to China After Months-Long Gap

India Resumes Iranian Oil Imports After Seven-Year Hiatus

Oil Holds Steady as Supply Risks from War Persist

Bahrain Push for Hormuz Shipping Resolution Hits Hurdles at UN

INPEX Extends Pertamina LNG Pact, Signs Upstream MoU in Southeast Asia

Current News

Petra Energy Secures Work Orders from Petronas for Sarawak Gas Project

Middle East Producers Gear Up for Hormuz Export Restart

Israel Orders Restart of Ops at Karish Offshore Gas Platform

Oil Rises as Fragile Middle East Ceasefire Sustains Supply Risks

Glencore, Taiwan’s CPC Charter Tankers as Hormuz Reopens

Nam Cheong Locks In Two OSV Charters amid Tight Southeast Asia Supply

Sunda, Finder Target Shared Rig for Timor-Leste Offshore Drilling

France Leads 15-Country Effort to Reopen Strait of Hormuz

Oil Tumbles, Stocks Surge on Middle East Ceasefire

ABL Transports Northern Endeavour FPSO to Recycling Yard

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com