-- Seaway pipeline reversal will dent U.S. oil demand for Nigerian crude
-- Refinery closures on the US East Coast have already seen demand dwindle in the past year
-- India, Europe to consume excess Nigerian oil
LONDON (Dow Jones) The reversal of the Seaway oil pipeline in the U.S. last week is set to have a wide-ranging impact on the oil market, changing global trade flows as U.S. demand for oil from Nigeria--a traditional supply hub--dwindles, analysts said Monday.
No comments:
Post a Comment