Luanda: Brent, the oil that serves as a reference for Angola’s exports, opened trading on the stock exchange on Thursday, Jan 30, at USD 75.77 on the international market, representing a depreciation of 1.15% compared to the opening of the previous session.
According to Angola Press News Agency, this price is what will be charged by countries that will export or sell oil in March this year, on the international market. The sales session on Wednesday, Jan 29, ended with a price of USD 75.61 per barrel, with a variation between USD 76.65 and USD 75.36.
The Angolan General State Budget (OGE) for the 2025 economic year was prepared based on a price of USD 70 per barrel and an estimated production of 1.09 million barrels of oil per day.