Thursday 11 June 2015

NIGERIA'S CRUDE OIL LOSING MARKET APPEAL

crudeoil--Nigeria may have to prepare for tougher times this year as the once a highly desired, easy-to-refine Nigeria’s sweet crude is now hard to sell, making the country to embark on discounted sales just to get the cargoes off the high seas.
International crude oil traders are said to have shunned the country’s export of sweet crude for the months of May and June 2015, making it difficult for the country to find buyers for the product, of which the country’s 2015 budget was planked on.

Read more @ Guardian

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