Business Nigeria's Crude Oil Exports to Fall by 10%

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LequteMan

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The total exports of Nigeria's crude oil are expected to fall by roughly 10 per cent in November.

Nigeria plans to export a total of 56.66 million barrels of oil, or 1.89 million barrels per day of crude oil in November, according to provisional loading programmes.

This is a decline from the 63.1 million barrels, or 2.04 million bpd, planned initially for October loading, according to a report by Reuters.

On a per-day basis, the November programme is on track to be the lowest since July, according to available data.

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