Nigeria ships fewer oil cargoes to US – Data

Oil cargoes departing from Nigeria to the United States fell to 103,000 bpd in December, down by 48,000 bpd, new data shows.

Generally exports by OPEC nations to the US fell to 1.63 million barrels per day (bpd), down from 1.80 million bpd in November and 1.78 million bpd in October.

Saudi Arabia, the biggest producer in the Organisation of the Petroleum Exporting Countries, and several others curbed supplies in the face of rising U.S. production and inventories, analysts said.

Source: Vanguard

 

Share

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...