Crude Exports from Nigeria to U.S Rises over Nine Months

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The United States imported 52.99 million barrels of Nigerian crude oil from January to September this year, compared to the 48.18 million barrels bought in the same period in 2018, Punch has reported.

Latest data from the US Energy Information Administration showed that the country imported 9.59 million barrels of crude from Nigeria in the first quarter of 2019; 18.98 million barrels in Q2, and 24.41 million barrels in Q3.

The US oil imports from Nigeria plunged to 539,000 barrels per day in February from 4.87 million bpd in January but rose to 4.19 million barrels in March.

The Northern American country increased its imports of Nigerian crude from 3.92 million barrels in April to 7.52 million and 7.54 million barrels in May and June respectively.

It bought 5.71 million, 11.78 million and 6.92 million barrels in July, August and September respectively, according to the EIA data.

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