The price of a barrel of Brent oil, which serves as a reference for Angolan exports for delivery in July, ended this Thursday 11th May on the London futures market down 1.39%, to US$74.94.
The price of Brent lost ground despite it being known that OPEC forecasts a growth in global oil demand of 2.3% in 2023, to a total of 101.9 million barrels per day.
The industrialized countries of the Organization for Economic Cooperation and Development will increase their demand this year by just 70,000 barrels a day, while emerging countries should increase it by almost 2.3 million, according to estimates.
