XM does not provide services to residents of the United States of America.

W. Africa Crude-Nigerian programmes begin to emerge



<html xmlns="http://www.w3.org/1999/xhtml"><head><title> W. Africa Crude-Nigerian programmes begin to emerge</title></head><body>

LONDON, Aug 22 (Reuters) -Export plans for October-loading crude from Nigeria began emerging, as traders awaited preliminary volumes for some of the major crude grades.


* Oil from Africa's number one oil exporter has been selling swiftly, buoyed by purchases from Indian and Indonesian refiners.

* A little over 20 cargoes of September-loading crude remain for sale.

* Export plans for the smaller streams began emerging, with Akpo, Egina and CJ Blend due to export two cargoes.

* Forcados and Escravos crude were being offered for around dated Brent plus $3.50 a barrel, while Qua Iboe and Bonny Light were offered at around $2.80 a barrel.

* Angolan crude for September was just about sold out, with Cepsa purchasing a cargo of Saxi re-offered from China's Sinochem.



Reporting by Noah Browning; Editing by Kirsten Donovan

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.