LONDON (Reuters) – Angolan and Nigerian crude differentials have risen this week due to higher demand with several deals done, traders said on Friday.
ANGOLA
* At least three February-loading cargoes were heard to have traded in the last couple of days, according to traders:
* Kissanje: Unipec bought a cargo from Equinor.
* Girassol: Thailand’s PTT bought a cargo from Total.
* Dalia: CNOOC bought a cargo from Total. The cargo was thought to have been offered at dated Brent plus 95 cents or more.
* Differentials for some Angolan crudes have risen by over $1 a barrel compared to those achieved for January-loading cargoes, a trader said.
NIGERIA
* Bonny Light and Qua Iboe have risen this week, with Qua heard to have traded in excess of dated Brent plus $2.00 according to one market source.
Offers had been heard at dated plus $1.70 earlier this week.
(Reporting by Alex Lawler; Editing by Alistair Bell)
