Asia Crude-Sudan sells June Nile Blend to Arcadia

SINGAPORE, April 21 (Reuters) - Sudanese state oil firm
Sudapet sold two cargoes of Nile Blend crude for loading in
June to European trader Arcadia, traders said on Wednesday.

Traders said the 600,000-barrel lots were traded at a
discount of $5.37 a barrel to the Minas Indonesia Crude Price
(ICP), but this could not be confirmed. Some traders cited a
lower range, at a discount ranging from $5.40 to $5.90.

Earlier this month, India's Oil and Natural Gas Corp (ONGC)
sold a Nile Blend cargo at a discount of about $6.50 a barrel
to the Minas ICP, the weakest differential in more than a year
for a tender. [ID:nTOE63800S]

But the most recent sale from Sudapet was at a lower price
than cargoes sold by the company last month, when two Nile
Blend lots went to Arcadia and Unipec at a discount of $3.70
and $3.90 a barrel to the Minas ICP, respectively, traders said
at the time.
(Reporting by Alejandro Barbajosa and Florence Tan; Editing by
Ramthan Hussain)