Nigeria Cuts Crude Losses to 16-Year Low of 9,600b/d

By Adedapo Adesanya Crude oil losses in Nigeria have dropped to a 16-year-low, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The commission said daily losses in Nigeria, which is Africa’s largest oil producer, have been contained at 9,600 barrels daily. This development indicates that Nigeria’s upstream oil sector is witnessing a dramatic turnaround, with

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