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Buying Picks up For Angolan Crude Grades: Reuters

OIL

Interest in Angolan oil appeared to pick up July 2 as around half of the export programme has been sold, Reuters said.

  • Exxon Mobil sold a cargo of CLOV, but the details of the price level were not disclosed.
  • Angola’s Sonangol was also heard offering two spot cargoes, a Gimboa cargo at Brent flat and a Nemba cargo at Brent plus 20 cents.
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Interest in Angolan oil appeared to pick up July 2 as around half of the export programme has been sold, Reuters said.

  • Exxon Mobil sold a cargo of CLOV, but the details of the price level were not disclosed.
  • Angola’s Sonangol was also heard offering two spot cargoes, a Gimboa cargo at Brent flat and a Nemba cargo at Brent plus 20 cents.