Nigeria’s crude oil export reduced by 11 per cent from September 2016 as India and some
European countries slashed their imports in September.
A report from the Nigerian National
Petroleum Corporation showed that India, the single largest buyer of
Nigerian crude, bought 10.12 million barrels in September, down from
12.54 million barrels the previous month.
Indonesia, another Asian buyer, cut the
amount of crude oil purchased from Nigeria to 1.89 million barrels from
4.79 million barrels.
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