Hot chase for Nigeria’s Light Crude by Indian refiners

Olusola Bello Feb 18, 2021

OIL — OPEC still accounts for most of the oil shipped to India

Nigeria’s crude oil is currently making waves among India refiners, as the current action by Saudi Arabia of reducing crude supply to the international market has enable Nigeria to maximise the spot oil market, where the refiners have turned their attention to. Spot crude imports into the world’s third-largest oil market will rise by 10percent…

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