There are indications that Nigeria’s crude oil export would spike up in August against the previous months, even as some overhang July cargoes struggle to find buyers.
The provisional August loading programme already showed that about 58.6 million barrels of crude would be shipped on 64 cargoes at a rate equivalent to 1.89 million barrels per day (bpd), while the planned shipment for Bonny Light is yet to emerge.
Read more @ Guardian
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