The price of a barrel of Brent oil, a benchmark for Angolan exports, rose by 0.69% to $83.36 for July delivery on the London futures market today.
This increase is driven by investor expectations ahead of the upcoming monthly report from the Organization of Petroleum Exporting Countries (OPEC), set to be released on today.
Additionally, market sentiment is influenced by U.S. price variation figures and potential geopolitical tensions, including a possible large-scale Israeli offensive in Rafah following the ongoing operations in Jabalia, in northern Gaza, according to Lusa.
