Monday 10 December 2018
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leadership - 3 month ago

Nigeria’s Crude Faces Glut Over US Shale Production

LEADERSHIP Indications emerged yesterday that the sale of Nigeria crude oil in the international market is currently facing challenges due to surging production of United States shale crude, which experts say has similar geological properties. According to loading programmes compiled by Bloomberg, about 25 out of 60 Nigerian cargoes scheduled for October export remain unsold, while [ ] The post Nigeria’s Crude Faces Glut Over US Shale Production appeared first on Leadership Newspaper.

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