Brisk trading in ADNOC crudes was boosted by the sale of 2-mil bbls for February loading on the back of Japanese demand.Sources said Nippon Oil was heard to have bought three February Umm Shaif cargoes,two of which were supplied by BP and Total at OSP plus 22 cts/bbl.The last cargo heard sold by Mitsubishi was at OSP plus 23 cts.Nippon Oil was heard to have bought 500kb of February Lower Zakum from a Euro major at OSP plus 23 cts.These were sold about 20-50 cts above the last January transactions.
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