Angola trims May crude exports to boost Opec compliance

Angola's State-run Sonangol has taken two cargoes out of its planned May exports in a move to boost its compliance with an Organization of the Petroleum Exporting Countries (Opec) deal to curb production, an oil trader familiar with Angolan loading plans said on Monday. A revised loading programme showed the country's exports were now set at 1.61-million barrels a day from 52 cargoes, down from 1.67-million barrels a day from 54 cargoes initially.