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Angola Crude Exports at 1.12m b/d in July

OIL

Angola is set to load 1.12m b/d of crude in July, according to the final loading schedule, cited by Bloomberg.

  • This is largely stable on the 1.11m b/d in the provisional programme.
  • The July programme consists of 36 cargoes with a total volume of 34.6m bbl.
  • July’s loadings will be below the 1.17m b/d in the June programme.
  • Angola left the OPEC bloc at the end of 2023 because its 2024 quota was cut from 1.46m b/d to 1.11m b/d
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Angola is set to load 1.12m b/d of crude in July, according to the final loading schedule, cited by Bloomberg.

  • This is largely stable on the 1.11m b/d in the provisional programme.
  • The July programme consists of 36 cargoes with a total volume of 34.6m bbl.
  • July’s loadings will be below the 1.17m b/d in the June programme.
  • Angola left the OPEC bloc at the end of 2023 because its 2024 quota was cut from 1.46m b/d to 1.11m b/d