W. Africa Crude-WAF differentials end week stable
LONDON, Nov 15 (Reuters) -West African crude price differentials to dated Brent were stable at the end of the trading week, even as the December overhang reduced.
* Around 11 Angolan December crude cargoes remain unsold, a trader said on Friday, down from indications of an overhang closer to 15 earlier in the week.
* Traders are awaiting an Angolan January loading programme in the coming days.
* Earlier this week, Angolan state oil company Sonangol sold its cargo of Cabinda on Tuesday, which was at one point offered at dated Brent plus 90 cents, to Glencore, a trader said. Sonangol has now sold all its December cargoes.
* Chevron also sold a Cabinda cargo this week, to Total, the trader said.
* On Nigerian grades, offers for Bonny Light remain close to dated Brent +$1, offers for Qua Iboe around dated Brent plus $2 and Forcados around dated Brent plus $2.50, a trade source said on Friday.
* The number of unsold December Nigerian cargoes is between 25-35, traders said this week.
Reporting by Robert Harvey; Editing by Shreya Biswas
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