Sonangol sells last cargo, Nigerian offers rise
West African crude markets looked on Thursday to be finding further support from brisk demand as well as tight supply. Angolan state oil firm Sonangol sold its last March-loading spot cargo, a Girassol last offered at dated Brent plus $1.70, a trader said. Another trader said the buyer was Chevron. Chevron was no longer offering its March-loading Cabinda which was shown at dated Brent plus $1.20 earlier this week, a trader said. Whether or not it was sold was not known. Global tightness in light sweet crude has helped to ...
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