Angola oil exports to fall in November
Angola is set to export around 1.68 million barrels per day (bpd) of crude oil in November, down from about 1.75 million bpd in October, trade sources said on Monday.
Provisional loading programmes from state oil company, Sonangol, showed 51 cargoes of crude oil scheduled to load in November with a daily average of 1.63 million bpd.
In addition to these cargoes, two parcels of Palanca crude will also load, adding another 50,000 bpd to the total scheduled exports.
If the export estimates for November are correct, Angola’s exports will be above its target set by the Organization of the Petroleum Exporting Countries.
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