W. Africa Crude-Spot trade muted amid tenders, lack of allocations

LONDON, Jan 22 (Reuters) – Spot trade in Nigerian crude oil was muted on Tuesday as traders awaited allocations after the release of programmes.

* Nexen sold a February cargo of Nigerian Usan to BP, a trader said.

* Thailand’s PTT closed a buy tender for sour crude for loading between March 20 and April 10 on Tuesday but results did not emerge immediately.

* Indian refiner HPCL is running a buy tender that could draw in West African crude. The tender closes next week.

* India’s IOC issued a buy tender for crude loading March 12-21. The tender closes on Jan. 25. (Reporting by Julia Payne Editing by David Goodman) ))


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