Angola’s oil export level will rise to 1.18 million barrels per day in October, reaching the highest value since July, reported financial information agency Bloomberg.
According to Bloomberg, which cites the final cargo manifest, Angola will export 1.18 million barrels of oil in October, increasing compared to the 1.047 million daily barrels forecast for this month.
For October, the final program foresees 38 cargoes with a combined volume of 36.52 million barrels of oil, given that one of the cargoes scheduled for September ended up being carried over to October.
Angola exported 94 million barrels of oil in the second quarter of 2023, valued at a weighted average price of US$76 and raised US$7.1 billion.
The most recent data, referring to the achievements of Angolan exports of crude oil and gas, referring to the second quarter of 2023, were presented at the end of July by the Ministry of Mineral Resources, Oil and Gas.
According to the ministry, the volume of crude oil exported represents an increase of 6.71% compared to the previous quarter and a decrease of 9.47% compared to the same quarter of the previous year.
