Angola’s Oil Production Falls Below 1 Million Barrels Amid Revenue Pressure
Angola Crude Oil Production Dips Below 1 Million Barrels per Day in July, Raising Revenue Concerns Angola’s crude oil production fell below 1 million barrels per day in July, reaching its lowest level since March 2023. According to the National Agency for Petroleum and Gas (ANPG), output dropped to 998,757 barrels per day, missing the government’s projection of 1.07 million barrels. The decline poses a risk to Angola’s revenue targets, especially as oil prices trade
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