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Angola’s July Crude Cargoes Almost Sold: Bloomberg

OIL

Sales of Angola’s crude cargoes remain healthy, with most of July’s cargoes now cleared, according to Bloomberg.

  • Less than five of the 35 cargoes available for July are still available. This compares to 13 available on June 7.
  • Angola’s loadings for July have been revised down to 35 cargoes totalling 1.08m b/d.
  • One cargo each of Girassol and Clov were delayed into August.
  • In Nigeria, around 20-25 of the 49 available cargoes for July remain available, a faster selling pace than during the previous two months
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