A barrel of oil rises to $93.27

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A barrel of oil rises to $93.27
A barrel of oil rises to $93.27

Africa-Press – Angola. The barrel of Brent oil, a reference to Angolan exports, closed the week at 93.27 dollars.

The rise is up $2.16 or 2.4 percent from the previous $92.11.

In this Saturday’s trading, Brent still reached $93.70, breaking a record only reached in recent years in October 2014.

Angola has an estimated average production of 1.2 million barrels/day, but is authorized by OPEC to reach 1.4 million.

The reference price that the country adopted in this year’s State Budget is US$59 per barrel.

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