Drop in crude oil cargoes

ANGOLAN crude oil exports are set to slip in February to 45 cargoes from 51 in January, a trade source said yesterday, citing preliminary loading schedules. The February total excludes loading schedules for small grades Palanca and Gimboa, which were not yet available and could potentially add a couple of cargoes to the total. Angolan state oil company Sonangol has yet to issue the February programme, meaning the number of cargoes could be further updated. –