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Angola diffs crash to 2020 levels

Several Angolan cargoes traded on Friday at the lowest levels in over two years as global demand, particularly from China, remained subdued.

* Angola's state oil firm Sonangol was said to have sold its January loading cargo of Glencore at around dated Brent minus $2.00 and a cargo of Girassol at around dated Brent minus 75 cents a barrel to Exxon Mobil.

* The Cabinda and Girassol prices have fallen to the lowest level since May 2020.

* China's CNOOC sold its cargo of January loading Akpo.

* Perenco issued a sell tender for Congolese CoCo crude and Gabonese Rabi Light loading end-January. Results will emerge next week.

* Tullow sold cargoes of Ghanaian TEN and Jubilee after offering them at dated Brent minus $2.50 and minus $1.50, respectively.

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