Luanda: A barrel of Brent oil opened trading at 64.58 dollars on the international market, maintaining the same price as the previous session. This opening reflects a positive variation of 0.58%.
According to Angola Press News Agency, the prices of crude oil futures markets for delivery in July showed a minimum and maximum variation of 64.26 and 64.82 dollars, respectively, on Sunday.
The recent sessions have shown slight recovery in Brent oil prices. However, the current price remains below the average value predicted in the Angola General State Budget for the 2025 economic year, which anticipates a price of 70 dollars per barrel.
Brent is the oil that serves as a reference for Angola's exports.
