Tag: buyers..
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Nigerian oil exports are looking for buyers… 20 shipments suspended due to France’s strikes
Nigerian oil exports are still facing the repercussions of France’s two-month-old strikes against the regulation to raise the retirement age, without response from the French government. France’s strikes coincide with the seasonal maintenance season for refineries in most European countries, which contributed to increasing pressure on Nigeria’s oil exports, according to Bloomberg. Nigerian oil exports…
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Novak: Russian oil is finding alternative buyers… and current prices are acceptable
Russian Deputy Prime Minister Alexander Novak confirmed that Russian oil production and exports are stable despite Western sanctions and price ceilings, as Russian oil finds alternative buyers under these circumstances. “Our companies have taken all the necessary measures – first and foremost – to find new supply chains, markets, and transport our oil,” Novak said,…
