Angola is set to load 1.04mln BPD of crude in May

Angola's announcement to load 1.04 million barrels per day (BPD) of crude in May signals robust supply levels that could influence global oil prices.

Newsquawk StaffPublished On the live feed at 6 more headlines followed before this page went public
Newsquawk headlinesUTC

NEC Director Hassett says coordinated oil reserve release could go up if needed; Iran conflict is going to be over in the short run, has a plan for every quarter of the disruption

Israeli Foreign Minister says have already won and Iran has been dramatically weakened; will continue the war with Iran until the mission is completed

Angola is set to load 1.04mln BPD of crude in May

EU lawmakers look to vote this week on legislation to enact parts of the EU-US trade deal

Victory Capital submits revised bid for Janus Henderson (JHG), Bloomberg TV reports

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

This development may put downward pressure on WTI and Brent crude benchmarks, especially if combined with other supply factors. Traders should keep an eye on how this fits into broader OPEC+ dynamics and any potential shifts in demand forecasts that could arise from this increased supply.

Related headlines

The whole workspace, free to try.

Try it free