West African crude oil differentials were stable on Friday, as traders digested a preliminary loading programme for December.

* Angola will load 34 cargoes in December, or around 1.06 million barrels per day. That compares with 36 cargoes scheduled to load in November.

* Demand in Asia for fresh West African cargo exports is falling as sanctions affecting refineries or terminals are causing a diversion of oil already on the water in the region, one trade source said on Friday.

* Meanwhile, European demand is lacklustre and there remains stiff competition from Latin American grades, the source added.

* Hindustan Petroleum Corp. Ltd. snapped up cargoes from Guyana and Brazil in a tender this week, rather than West African crudes, a trade source said.

* About 7-8 Angolan cargoes remain unsold for October, a trader said earlier this week, excluding reoffers.
Source: Reuters