May 2 (Lagos) - This is the latest update on the crude oil cargos that are available for June from Nigeria. One early June Qua Iboe cargo will be delivered to BPCL (Bharat Petroleum) via tender. BP's 11-12 June-loading cargo was also heard sold to India via tender.
Traders assessed Bonny Light at around 40 cents below dated Brent near a two-year low of dated plus $1.20 a barrel. Brent Crude oil is currently trading at $119.52 per barrel on London's ICE futures.
Agbami: Conoco and Chevron have both sold Agbami cargoes for early June loading to BPCL via tender.
State oil company NNPC has extended the deadline for companies to submit applications for 2012-2013 crude oil term contracts to May 11 from April 5.
reporting for easykobo.com on Wednesday, May 12 2012 from Lagos, Nigeria
Source - reuters news agency