Production outages and maintenance are set to push Angola’s oil exports to a 13-year low, according to an industry source quoted by Reuters.
There are just 38 oil cargoes scheduled in June, a 10-cargo loss from May levels and represents the lowest exports since this data first began to be tracked in 2006. Just 1.2 million barrels per day are scheduled to be exported from Angola in June. Exports averaged 1.58 million barrels per day in 2017.
Continue reading “How Low Can It Go? Angola’s Oil Exports To Hit Decade Low In June”
