Angola: Angolan oil production inches up in January
Latest reading: Brent crude oil prices averaged USD 69.41 per barrel in February, up 7.5% from January. On 27 February, the commodity traded at USD 72.55 per barrel, up 2.6% from 30 January.
On the production front, Angolan oil output ticked up to 1.04 million barrels per day (mbpd) in January from 1.03 mbpd in December; production overshot the 1.02 mbpd expected by national oil firm ANPG.