ANGOLA OVERTAKES NIGERIA AS TOP CRUDE EXPORTER TO U.S.

INDICATIONS have emerged that the crash in crude oil imports by the United States (U.S.) has begun to favour Angola more than Nigeria, which had maintained its major import market before the advent of Shale oil.

Specifically, recent data by the Energy Information Administration  (EIA) showed that Angolan deliveries to the U.S. have averaged around 116,000 barrels per day (bpd) recently, compared with just 75,000 bpd for Nigeria crude.

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