Angolan term allocations emerge

Angola's term allocations for November cargoes emerged on Thursday while West African crude differentials were heard to steady.

* Angola's Sonangol allocated eight cargoes for November to term buyers, traders said, including one cargo for Unipec, one for Indian Oil Corp and six for Sinopec.

* This means there will be 28 cargoes available for the spot market in November, based on traders' earlier comments citing the preliminary loading programme.

* Higher freight rates have been putting downward pressure on differentials in recent sessions, traders have said.

* On Nigerian crude, Nigerian Qua Iboe was last offered at dated Brent plus $2.40 and Bonny Light at dated Brent plus $1.70, below earlier indications. No changes to those offers were heard on Thursday.