Uncategorized
India Becomes Major Importer Of Nigerian Oil, as US Drastically Reduce it's demand.
Nigerian National Petroleum Corporation (NNPC) has reported on Thursday, June 19, that India has overtaken the US as the largest importer of Nigeria’s oil.
The US has “drastically reduced” its demand for Nigeria’s crude oil in recent months is currently buying about 250,000 barrels a day, NNPC said.
The decrease in the US demand for imported oil has fallen because of increasing domestic shale gas and oil production. The International Energy Agency and oil giant British Petroleum both forecast that the US may become independent by 2035.
India is now importing 30 per cent of Nigeria’s daily output of 2.5 million barrels, followed closely by China and Malaysia.
“Asia is important and in that respect we have regards for all markets; the important thing is to make sure that you are selling the products that you have and you do not ignore any market,” Tim Okon from NNPC said.
“Who did this to you?” – Video of a pregnant lady flaunting her massive baby bump sparks mixed reactions online
DHQ hails Simon Ekpa’s arrest and hopes he will be extradited to Nigeria to face justice
“God is still in the business of doing wonders, please keep trusting God” – Emotional moment gospel singer Yinka Alaseyori serenades actress Dayo Amusa who gave birth to her first child at 41 years (Video)
Diddy claims prosecutors showed judge edited Cassie video to make him look dangerous
“Tinubu Has A Better Policy Document Than Peter Obi, Atiku” – Doyin Okupe says
Five soldiers k!lled, 10 wounded and four missing as Boko Haram attacks troops in Borno
Wizkid’s sister blows hot after being dragged for comparing brother to Albert Einstein
“FC dey do too much” – Video of a Wizkid die-hard fan bathing with a JBL speaker as he dances to the singer’s hit song “Dance” stirs the internet (Watch)
-
Celebrity Gossip & Gist1 day agoWizkid’s sister blows hot after being dragged for comparing brother to Albert Einstein
-
Love & Relationship1 day agoLady cries out as she discovers her boyfriend of 11 months secretly infected her with HIV (Video)
-
Celebrity Gossip & Gist1 day agoSeveral men accuse Diddy of r@p!ng them @n@lly in new wave of lawsuits
-
Foreign1 day ago“US approving Ukraine to use missiles against Russia a big mistake” – Turkish president Erdogan