Spot trade muted, Angolan programme emerges

LONDON (Reuters) – Spot activity was muted on Friday but Angola’s April loading programme emerged with 35 cargoes, unchanged from the previous month.

* Traders will be awaiting April contract allocations early next week before a fresh cycle of spot trade begins.

* Offers for Nigerian Qua Iboe were last heard at around dated Brent plus $2.50 and for Escravos and Forcados crude at and above dated Brent plus $2.

* Around four cargoes of March loading Angolan crude were still available. A cargo of Nemba was last offered at $1.80 a barrel.

* Offers for Nigerian Qua Iboe were last heard at around dated Brent plus $2.50 and for Escravos and Forcados crude at and above dated Brent plus $2.

(Reporting by Julia Payne; Editing by David Evans)

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