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US Emerges Net Exporter of Refined Oil to Nigeria

The United States became a net exporter of crude oil to Nigeria in February and March, as crude demand on the U.S. East Coast slowed due to refinery maintenance, and the Dangote refinery drove up Nigeria’s demand for inputs.

US Imports $1.34bn Nigerian Crude Oil in Five Months

The United States imported Nigerian crude oil worth $1.34 billion between January and May 2025, reinforcing Nigeria’s position as America’s top African crude supplier despite growing pressures on broader trade flows.

Nigeria’s Exports to US Plummet by $527m

The trade relationship between the United States and Nigeria has suffered a significant setback, as official data from the US Census Bureau and the Bureau of Economic Analysis show that US imports of Nigerian goods decreased by $527m.

China Halts U.S. LNG Imports Amid Trade War

Since early February, China has stopped receiving liquefied natural gas (LNG) from the United States, with the last tanker arriving on February 6 in Fujian province, according to the Financial Times.

Saudi Arabia, US to Sign Landmark Nuclear Energy Deal

The Kingdom of Saudi Arabia and the United States of America are set to sign a landmark civil nuclear energy cooperation agreement.

Dangote Refinery’s Jet Fuel Adds Saudi to Market, US Gets 1.7 million barrels

Three cargoes of Dangote Petroleum Refinery’s jet fuel, amounting to approximately 130 million litres, are set for export to Saudi Arabia.