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Angola Crude Loadings For August To Fall To 1.045mbpd

OIL

Angola is scheduled to ship 1.045mbpd of crude oil in August, down from 1.24mbpd in July’s final plan according to a preliminary loading schedule.

  • July loadings have been revised up to 1.24mbpd, from 1.209mbpd previously, marking the highest monthly level since October 2020 according to a final loading schedule.
  • August loadings include 34 shipments carrying a combined volume of 32.39mbpd. The final note is due 26 June.
  • Angola’s crude oil production stood at 1.11mbpd in May, compared with its target of OPEC 1.46mbpd according to IEA’s Monthly Oil Market Report.
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