Angola and Ghana gain US crude market share as Nigerian imports plunge 47%

The United States dramatically reduced its intake of Nigerian crude oil in January 2026, signalling shifting dynamics in global oil markets and heightened competition among African producers. Data from the U.S. Census Bureau and the Bureau of Economic Analysis reveal that imports from Nigeria fell by 47.2 per cent compared to December 2025, sliding from … Continue reading Angola and Ghana gain US crude market share as Nigerian imports plunge 47%