Angola: Crude Oil Production

Anglo, the nation in the south west of Africa, a member of Organisation of Oil Exporting Countries.[13 nations make up OPEC countries]

Today, Angola produces 1,712,000 barrels of crude per day. To put this into context, the UK produces 850,000 barrels a day.

So what is 1,712,000 barrels of crude worth ?

Today crude oil trades at $37.62 a barrel.

1,712,000 barrels a day x $37.62 = $64,405,440 a day.

That is £43,192,400 day. Yes, £43million a day.

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