Tidal fluctuations in water heigh and currents induce retrograde 
  diurnal variation of equatorial oceanic angular momentum (OAM), hence small 
  perturbation on nutation at the level of 1 mas. Most important contribution 
  comes from water height variations.
 
Model MHB 2000 (Mathews, 
  Herring, Buffett, "Modeling of nutation and precession : new nutation series 
  for non-rigid Earth and insights into the Earth's interior", J.G.R., 
  vol. 107, NO B4 (2002), Table 5).
  
  This model is based upon the Oceanic Tidal Angular Momentum model of Chao et 
  al. (1996) [Diurnal/semidiurnal polar motion excited by oceanic tidal angular 
  momentum variations, 
JGR, 
101, 20151-20163]. Effects on nutation 
  in longitude Δψ and nutation in obliquity Δε refered to ecliptic of date are modelled as a sum a circular terms, 
  prograde and retrograde : 
   
Δψ sin ε
0+ i Δε = Σ
j (a
inj 
    + i a
opj) e
i (θj
    - π/2)
where θ
j is integer linear combination of 
Delaunay arguments:
θ
j = a1 l + a2 l' + a3 D + a4 F + a5 Ω.
Total effect and separate contributions of matter term and current term are presented in the table here-below: