W. Africa Crude-Angolan sales slow on muted Chinese buying
LONDON, July 31 (Reuters) -Angolan crude oil cargoes struggled to sell as August loading cargoes had yet to fully clear in a very slow trading month as top customer China held off on buying.
* China for a second consecutive month has been slow to buy Angolan oil as hefty term allocations to state-owned refiners have cooled trading on the spot market.
* Around five spot cargoes had traded from the September-loading export plan, traders said, while one or two cargoes of August-loading oil cargoes were still unsold.
* Sonangol last offered Dalia at dated Brent plus 20 cents, Gimboa at dated Brent minus 70 cents, Girassol at dated Brent plus $3.30 and Kissanje at dated Brent plus $1.00, according to traders.
* Congolese Djeno was also selling only slowly to China, with sale prices at around dated Brent minus $2 a barrel.
* Forcados and Escravos offers remain at around dated Brent plus $4 and Qua Iboe and Bonny Light offers at as low as dated Brent plus $3 a barrel.
Reporting by Noah Browning; Editing by Krishna Chandra Eluri
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