Nigeria, July 23 -- The United States exported more crude oil to Nigeria than it received for the first time in February and March 2025, the US Energy Information Administration (EIA) has said.
The EIA, on Tuesday, said during this period, refinery maintenance in the US East Coast drove down US demand for crude oil imports, including imports from Nigeria, and the relatively new Dangote refinery in Nigeria drove up Nigeria's demand for inputs, including crude oil it imported from the United States.
"This marks the first time that the United States was a net crude oil exporter to Nigeria, and structural changes to crude oil trade between the countries suggest this dynamic could occur more frequently," the energy agency said.
The EIA said...
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