They are actively pursuing feedstock import diversification, with a keen interest in regularly purchasing US crude. However, their monthly North American cargo acquisitions are primarily dictated by OPEC+ supply trends and Middle Eastern crude official selling prices (OSPs).
June 08, 2025
Nigeria's Dangote oil refinery, with a substantial 650K b/d capacity, is significantly increasing its imports of US WTI crude, a move driven by a combination of Nigeria's struggles to boost domestic crude output and the technical advantages offered by WTI.
June 08, 2025
