LONDON Jan 27 – * OPEC oil output is set to fall by 900,000 barrels per day (bpd) this month, a company that tracks OPEC supply said on Friday, pointing to a strong start by the exporter group in implementing a supply cut deal.
Thank you for reading this post, don't forget to subscribe!* South Sudan plans to more than double oil production to 290,000 barrels per day (bpd) in fiscal 2017/2018, the finance minister said on Friday, indicating a target higher than the level recorded shortly before conflict erupted in late 2013.
ANGOLA
* Only a handful of cargoes were still available including Nemba, Pazflor, Plutonio and Saturno.
NIGERIA
* Trading slowed as sellers reassessed market values following a string of tender awards that helped clear out a backlog of cargoes.
* Qua Iboe cargoes were being offered at around dated Brent plus $1.00 a barrel, firming on a smaller programme.
* The Erha programme emerged with five cargoes in March, including one deferred from the end-February. (