The production of oil in this African country rose to 1.03 million barrels a day in August.
The average monthly oil production in Angola in August again exceeds one million barrels per day, recovering after a fall below this level for the first time for more than two years. It was written by Bloomberg on Monday, September 22.
The production of oil in Angola rose to 1.03 million barrels a day in August from 998,757 barrels in July.
The African government’s government has set the main goal to maintain the production of nearly one million barrels a day after the exit from the exporting countries.
Angola left OPEC in December 2023 due to a lower victim’s ceiling she received from the organization. Now the country plans to start the next oil licensing.
Remember that countries that make up OPEC+have decided to increase the amount of oil production from October by increasing 137 thousand barrels day -day.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.