echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > Chemical Technology > Nigeria sold a whopping 34 million barrels of crude oil in July

    Nigeria sold a whopping 34 million barrels of crude oil in July

    • Last Update: 2022-11-24
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Sales of Nigerian crude oil have been slow
    this month as bidders for heavy and light sweet crude loaded in July have not appeared on the market.

    Market participants expect Nigeria to sell between 20 million and 34 million barrels of crude oil in July, about 40 to 75 percent of Nigeria's monthly production
    .

    One trader said: "For now, it's very quiet
    here.
    No one is trying to buy these unsold Nigerian crude oil
    .
    He added that refiners are now trying to restructure their demand
    .

    Another trader said: "Some refiners may speculate on the purchase of distressed Nigerian crude cargoes

    Sales of Nigerian crude oil have been slow
    this month as bidders for heavy and light sweet crude loaded in July have not appeared on the market.

    crude

    Market participants expect Nigeria to sell between 20 million and 34 million barrels of crude oil in July, about 40 to 75 percent of Nigeria's monthly production
    .

    One trader said: "For now, it's very quiet
    here.
    No one is trying to buy these unsold Nigerian crude oil
    .
    He added that refiners are now trying to restructure their demand
    .

    Another trader said: "Some refiners may speculate on the purchase of distressed Nigerian crude cargoes

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.