Angola Commodities Economy Export Oil

Angola to export 38 oil cargoes in August, up 1 from July – sources

Angola is set to export 38 crude oil cargoes in August, up one from the July schedule, two trade sources said, citing a preliminary loading programme.

The loadings suggest the country is largely sticking to its commitments under an OPEC-led supply cut.

Based on 38 cargoes, August’s daily export rate is as much as 1.23 million barrels per day. Angola’s quota for August is 1.25 million bpd under the OPEC+ deal.

Source: Reuters

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