Tag: Nigerian Crude
Reports: Coronavirus triggers glut of unsold Nigerian crude
A glut of unsold, high quality Nigerian crude has built up because of the coronavirus outbreak's impact on demand and…
Bad news: US shale oil runs Nigeria’s crude out of market
Nigerian crude has suffered its slowest sales of the year in August, traders said, as U.S. exports of competing light,…
U.S. Organizes a Global Boycott of Nigerian Crude
David O. Kuranga, Ph.D. Following Nigeria’s refusal to devalue its currency (the naira), in-line with IMF recommendations, crude oil traders…