Luanda: The barrel of Brent oil commenced trading at US$74.37 on Tuesday (17) in the international market. This marks a rise from its closing price of US$73.23 in the previous session, which had experienced a 3.15% drop. According to Angola Press News Agency, Brent oil is a crucial benchmark for Angola's exports. The country's 2025 State Budget has been planned based on a projected oil price of US$70 per barrel. Additionally, the budget estimates a daily production level of 1,098,000 barrels.
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