Luanda - The price of Brent, the oil used as a reference for Angola's exports, opens (March 13) at USD70.96 on the international market, a 0.28 increase compared to the previous opening.
The prices of crude oil futures markets, for delivery in May, closed the sales session on Wednesday at USD70.95/barrel, with a minimum variation going from USD69.48 to USD71.10, according to the specialized website “investing.com”.
The Angolan State Budget (OGE) for the current financial year was prepared based on a price of USD 70/barrel and an estimated production of 1,098,000 barrels of oil per day.
ASS/CF/jmc