


| Nigerian crude suffers slowest sales of the year |
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Nigerian crude has suffered its slowest sales of the year in August, traders said, as U.S. exports of competing light, sweet grades flood traditional markets in Europe and Asia. It is bad news for Nigeria’s 2019 budget and foreign exchange reserves as it is 90 per cent funded by oil sales. The market changes illustrate how U.
Posted: 2019-08-10 00:41:00
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