LONDON, Dec 3 (Reuters) - Sales continued to move slowly on
Thursday as major buyers balked at high offer prices, but some
differentials slipped on the weak demand.
* Around 20 Angolan cargoes for January were available along
with up to 15 December loading Nigerian ones.
* Differentials for light sweet Nigerian crude were easing,
with offers for Qua Iboe and Bonny Light easing toward 50 cents
above dated Brent.
* Nigerian crude was facing ever stiffer competition from
U.S. crude, where production hit the highest levels since May.
* Sales of Congolese Djeno crude were proceeding slowly,
with China's Unipec the sole buyer for one of the seven cargoes
for export in January.
* India's IOC has several tenders closing at the end of this
week.
* India's IOC awarded a prompt tender on Wednesday for a
January cargo of West African crude to Vitol, a trader said,
likely for co-load with a cargo of Angolan Sangos. Further
details did not immediately emerge.
RELATED NEWS
* OPEC+ agreed on Thursday to raise output by 500,000
barrels per day from January, an OPEC+ source told Reuters.
* The United Arab Emirates' resistance at OPEC meetings to
extend deep supply cuts into 2021 is the start of a more
assertive policy stance that could make it harder for the
group's de-facto leader, Saudi Arabia, to balance global oil
supply.