BFA - Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

Total oil production in July was 36.6 million barrels, which amounts to around 1.18 million barrels per day (mbd), an increase of 3% compared to the same period last year, according to ANPG data;
The mixed movements in the price of a barrel of oil remain with no end date;
BODIVA markets traded a total of AOA 952.4 Billion (B) in August, an increase of 22% MoM which amounts to over 169 B, representing the highest monthly value in the last 9 months;
International reserves ended the month of August valued at USD 14.8 B, USD 122 million more compared to the previous month.

Best regards,
BFA

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