The price of a barrel of Brent oil, which serves as a reference for Angolan exports, for delivery in October ended Monday on the London futures market up 3.93%, to US$105.09.
Brent prices started the week above the $100 barrier, after the United Arab Emirates last week made public that it welcomed the Organization of Petroleum Producing Countries (OPEC) plans to cut production and keep prices high. However, analysts believe that fears of an economic recession and a slowdown in demand could limit the price increase.
