AIRLINK 191.54 Decreased By ▼ -21.28 (-10%)
BOP 10.23 Decreased By ▼ -0.02 (-0.2%)
CNERGY 6.69 Decreased By ▼ -0.31 (-4.43%)
FCCL 33.02 Decreased By ▼ -0.45 (-1.34%)
FFL 16.60 Decreased By ▼ -1.04 (-5.9%)
FLYNG 22.45 Increased By ▲ 0.63 (2.89%)
HUBC 126.60 Decreased By ▼ -2.51 (-1.94%)
HUMNL 13.83 Decreased By ▼ -0.03 (-0.22%)
KEL 4.79 Decreased By ▼ -0.07 (-1.44%)
KOSM 6.35 Decreased By ▼ -0.58 (-8.37%)
MLCF 42.10 Decreased By ▼ -1.53 (-3.51%)
OGDC 213.01 Increased By ▲ 0.06 (0.03%)
PACE 7.05 Decreased By ▼ -0.17 (-2.35%)
PAEL 40.30 Decreased By ▼ -0.87 (-2.11%)
PIAHCLA 16.85 Increased By ▲ 0.02 (0.12%)
PIBTL 8.25 Decreased By ▼ -0.38 (-4.4%)
POWER 8.85 Increased By ▲ 0.04 (0.45%)
PPL 182.89 Decreased By ▼ -0.14 (-0.08%)
PRL 38.10 Decreased By ▼ -1.53 (-3.86%)
PTC 23.90 Decreased By ▼ -0.83 (-3.36%)
SEARL 93.50 Decreased By ▼ -4.51 (-4.6%)
SILK 1.00 Decreased By ▼ -0.01 (-0.99%)
SSGC 39.85 Decreased By ▼ -1.88 (-4.51%)
SYM 18.44 Decreased By ▼ -0.42 (-2.23%)
TELE 8.66 Decreased By ▼ -0.34 (-3.78%)
TPLP 12.05 Decreased By ▼ -0.35 (-2.82%)
TRG 64.50 Decreased By ▼ -1.18 (-1.8%)
WAVESAPP 10.50 Decreased By ▼ -0.48 (-4.37%)
WTL 1.78 Decreased By ▼ -0.01 (-0.56%)
YOUW 3.96 Decreased By ▼ -0.07 (-1.74%)
BR100 11,697 Decreased By -168.8 (-1.42%)
BR30 35,252 Decreased By -445.3 (-1.25%)
KSE100 112,638 Decreased By -1510.2 (-1.32%)
KSE30 35,458 Decreased By -494 (-1.37%)

LONDON: BP bid for many cargoes of four Nigerian grades in the window on Thursday at the same level for a third consecutive session.

Separately, a few spot cargoes changed hands while India's IOC and Indonesia's Pertamina both took multiple cargoes of west African crude in their latest tenders.

NIGERIA

BP returned again to the window to bid for 9 cargoes of Forcados, Bonny Light, Qua Iboe and Bonga all loading at various times throughout October up to dated Brent plus $1.70 a barrel.

The level was unchanged from the previous two sessions when BP bid for the same cargoes.

The four grades are used to underpin the contracts-for-difference swaps market and trading in the physical market can frequently be linked to a position on the paper side.

Glencore sold its Oct. 22-23 cargo of Amenam to BP, traders said.

Total was offering Amenam at dated Brent plus 75 cents a barrel and was said to have three cargoes still.

Just under 30 cargoes of Nigerian crude were available from the Nigerian programme.

ANGOLA

BP was said to have sold its cargo of Pazflor to an independent refiner in China.

Eni and Unipec were still offering Olombendo, Chevron still has its Oct. 19-20 Cabinda and Total was showing Gindungo, traders said.

On a delivered basis to Asia, Statoil was offering CLOV, Dalia and Girassol.

Copyright Reuters, 2018
 

 

 

 

Comments

Comments are closed.