Nigeria's Crude Oil Exports Expected to Slide in November

Total exports of Nigerian crude were expected to fall by roughly 10 percent in November from the annual high hit the previous month.

According to Reuters, Nigeria plans to export a total of 56.66 million barrels of oil, or 1.89 million barrels (bpd) of crude oil in November, according to provisional loading programmes.

This is a decline from the 63.1 million barrels, or 2.04 million bpd, planned initially for October loading. On a per-day basis, the November programme is on track to be the lowest since July.