- West African crude price differentials were expected on Monday to come under downward pressure from ample remaining November-loading cargoes and high shipping costs.
- Nigerian cargoes have sold relatively slowly and around 35 of the 63 November cargoes are still available, a trader said.
- Qua Iboe was offered at about dated Brent plus $1.50, a trader said, in line with an offer on Friday. Sold prices are likely to be closer to dated Brent plus $1.
