Nigeria: Imports to USA Fall

Imports of Nigerian crude by the United States over 2018 fell by 43%, according to data released by the EIA. The US imported only 64.06 million barrels of crude from the West African country in 2018, compared to 112.92 million barrels in 2017.

The drop is due to the sharp increase in production domestically, which has allowed the US to export production. In 2018 the US exported 1.9 million bpd, twice as much as was exported in 2017, the EIA said.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: