LONDON, Sept 9 (Reuters) – Spot activity was subdued on Friday due to weak demand despite very short Nigerian and Angolan loading programs.
* Nigeria’s crude oil production fell below 1 million barrels per day (bpd) in August, the lowest production level in decades, due to rampant theft of its pipelines and years of underinvestment. Continue reading
* Angola’s state-owned oil company sold its two spot cargoes of Girassol and Olombendo after offering them Brent at the above date plus $5 a barrel earlier this week.
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