Some Nigerian crude grades have traded amid a large number of tenders due to be awarded this week which has kept sellers on the sidelines, Reuters reports.
Sahara sold an early February cargo of Bonga to Europe, traders said. Bonga cargoes had recently been offered at around dated Brent plus $2.00 a barrel.
Traders said that Shell had quite a number of cargoes on offer in February including Agbami, Bonny Light, Bonga and a cargo of Baobab from Ivory Coast.
Shell has been showing Agbami loading end January at dated Brent plus 90 cents a barrel and one in February at dated Brent plus $1.00 a barrel.