Bie, Angola News

Lobito - The Angolan minister of Transport, Augusto da Silva Toms, said Friday in Lobito city, central Benguela province, that the full operation of trains and the connection of the Benguela Railway with other neighbouring countries' railway corridors will facilitate a rapid economic integration in southern Africa.

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West African crude oil differentials were steady over the weekend as Asian demand for a variety of grades balanced ample supplies of most grades, particularly the lighter end of the sweet market.

India's largest refiner, Indian Oil Corp, bought 4 million barrels of Nigerian crude for loading end-March/early April, adding some support to a market that has slipped over the past week due to a range of unsold cargoes.

March loading cargoes of Angolan crude oil have nearly sold out, following relatively strong demand from Asia and a fall in the export volume for the month, traders said on Monday.