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The war between Russia and Ukraine has had a significant impact on Nigerian crude oil inflows in the international oil market, leading to a dip in demand from the once-dependable Asian market at the onset of hostilities in the Eastern bloc, according to the Nigerian National Petroleum Company Limited (NNPC Ltd.)
Russia-Ukraine crisis taking toll on Nigeria's crude — NNPCL.
November 9, (THEWILL) – The Nigerian National Petroleum Company Limited (NNPC) Ltd has said the war between Russia and Ukraine had a significant impact on Nigerian crude oil inflows in the international oil market. Speaking on Wednesday, during a panel presentation at the Argus European Crude Conference in London, NNPC’s Executive Director of Crude and
The ongoing war between Russia and Ukraine led to a dip in demand in oil prices and forced Russia to sell reduced price thus, making it attractive to India
Nigeria’s crude oil loading schedule for November may face some setback, as about 30 cargoes are awaiting buyers.