July 10, 2019 / 5:12 PM / 6 days ago

W. Africa Crude-Angolan cargo deferred, Pertamina tender awarded

LONDON, July 10 (Reuters) - West African spot trade was muted on Wednesday but differentials were still supported by a spike in gasoline margins in Asia, traders said, boosting light grades.

* About 10 cargoes of August loading Angolan crude were still available, including two Gindungo, two Pazflor, a cargo each of Girassol, Cabinda and Mostarda. Nemba was said to be sold out.

* State firm Sonangol’s cargo of Saturno has been deferred to September, several traders said.

* India’s IOC issued a tender to buy crude for Sept. 16-25 loading, which closes on Thursday.

* Indonesia’s Pertamina awarded its crude tender for Aug. 1-8 loading to Vitol, two traders said, but further details did not emerge.


* Nigeria’s President Muhammadu Buhari could name his cabinet nominees as soon as this week, the senate president said on Wednesday, a move that could end more than a month without ministers.

* Major oil firms began evacuating and halting production in the Gulf of Mexico after weather forecasts warned that a tropical disturbance might become a storm on Wednesday or Thursday. (Reporting by Julia Payne; editing by Jane Merriman) ))

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