Angola's oil exports steady at 1.62 mm bpd
Angola is set to export around 1.62 mm bpd of crude oil in April, steady from March, trade sources said.
Angola has an implied OPEC output of 1.52 mm bpd.
Angola's anticipated April exports were almost exactly the same as for March and February but are down over 200,000
bpd from January levels due to the Organization of Petroleum Exporting Countries (OPEC) output curbs.
OPEC is cutting production by 4.2 mm bpd to prop up oil prices, which have collapsed by more than $ 100 a barrel from
a record high of $ 147.27 in mid-2008 as the global economic downturn erodes demand.