India remains Nigeria’s top oil export destination

India remains Nigeria’s top oil export destination

Nigeria exported over 155.125 million barrels of crude oil to India between February and March 2017, thus making it the biggest importer, according to data from the Nigerian National Petroleum Corporation (NNPC).

Lack of investment threatens global oil supply

Lack of investment threatens global oil supply

Global oil supply could struggle to keep pace with demand after 2020, risking a sharp increase in prices, unless new projects are approved soon, according to the latest five-year oil market forecast from the International Energy Agency (IEA).