W. Africa Crude-Sonangol lowers spot offers, ANCAP and Sasol issue tenders

Sasol

03/10/2022 16:37

LONDON, Oct 3 (Reuters) - Angola state oil firm Sonangol
lowered its two spot cargo offer levels on Monday as it met
muted demand while a Cabinda cargo was deferred to October. 
    * Sonangol lowered its offer levels for its Girassol down to
dated Brent plus $4.50 from $6.50 and Dalia down to dated Brent
plus 50 cents from $1.20 a barrel.
    * Uruaguay's ANCAP issued a buy tender for crude for Nov.
24-28 delivery. The tender closes this week. 
    * South Africa's refiner Sasol issued a crude buy tender for
Nov. 10-20 delivery. The tender closes this week. 
    * Chevron's late October-loading Cabinda has been deferred
to Nov. 2-3. The cargo is being offered at dated Brent plus
$2.80 a barrel. 
    RELATED NEWS
    * The OPEC+ group of oil producers is discussing output cuts
of more than 1 million barrels per day (bpd), OPEC sources said,
and voluntary cuts by individual members could come on top of
that, making it their largest cut since 2020.  urn:newsml:reuters.com:*:nL1N3140TH
    *
 (Reporting by Julia Payne; Editing by Mark Porter)
 ((julia.payne@thomsonreuters.com; +44 207 542 1836;))
 
((WEST AFRICA CRUDE OIL DIFFERENTIALS AND OUTRIGHT PRICES:
                     0#BFO-DIF    0#C-E 
    Bonny Light      BFO-BON      BON-E 
    Cabinda          BFO-CAB      CAB-E 
    Forcados         BFO-FOC      FOC-E 
    Qua Iboe         BFO-QUA      QUA-E  
 CRUDE ARBITRAGE STORIES  O/CRUDEARB  
 CRUDE OIL TRADES   CRU/T  
 NORTH SEA CRUDE REPORT  CRU/E  
 MEDITERRANEAN CRUDE  CRU/MED  7
 W Africa Asia crude exports, monthly   O/WAFRICA1  
 New African oilfields          AFR/NEW  
  ENERGY  speed guide 
  CRUDE/1  crude speed guide 
 NYMEX crude  0#CL:            ICE crude  0#LCO:    
  OPEC                  NSEA   North Sea 
  CRU   crude oil            PROD   oil products 
  DRV   derivatives          PRO/E  European products 
  O/L   Latest ICE           O/N    Latest NYMEX 
  OILOIL    NYMOIL   IPEOIL   OILSPD   OILARB  
 CRDWLD  PRODEUR ))))