LogIn LogOut

W. Africa Crude Traders Await Sept Programs

July 15, 2019

File Image: AdobeStock / © Jose Gill
File Image: AdobeStock / © Jose Gill

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


Current News

DOF Subsea Wins 'Key Award' with Chevron in Australia

DOF Subsea Wins 'Key Award' with Chevron in Australia

China's Crude Imports Surged 25% in July

China's Crude Imports Surged 25% in July

Indonesia's Price Cap Obstructing Gas Projects

Indonesia's Price Cap Obstructing Gas Projects

Repsol, Vestigo Tap Alam Maritim for Subsea Services

Repsol, Vestigo Tap Alam Maritim for Subsea Services

Inpex Books $1.3B Writedown on Australian LNG assets, Omitting Ichthys

Inpex Books $1.3B Writedown on Australian LNG assets, Omitting Ichthys

U.S. Sends First Crude Shipment to Saudi Arabia in Years

U.S. Sends First Crude Shipment to Saudi Arabia in Years

Oil Prices Hit 5-Month High

Oil Prices Hit 5-Month High

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