Tag: Energy Information Administration (EIA)
Nigeria’s foreign crude oil market shrinks as US cuts import by 43%
The United States’ Energy Information Administration has revealed that the country has reduced its imports of Nigerian crude oil by 48.87 million barrels or 43 per cent in 2018. According to recent data from the agency, ...
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Oil prices fall as U.S. crude output hits record 12m bpd
Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle East-dominated producer club OPEC to withhold supply and tighten ...
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