Nigeria Struggles To Sell Oil Despite Price Cut   Despite the significant reduction in its official selling prices aimed at wooing buyers, Nigeria is still struggling to sell its crude oil as Indian refiners are cutting back on output while European plants are considering closures. Nigeria, Africa’s...

20 Nigerian Oil Cargoes Remain Unsold Amid Price Cut About 15 to 20 cargoes of Nigerian crude oil from the April loading programme remain unsold despite the cut in selling prices. Some of those cargoes are expected to be absorbed by oil majors’ own refining systems,...