Iraq will sell more crude oil to its biggest customer, China’s Unipec, just before production cuts agreed with OPEC and other producers are scheduled to kick in.
The scale of the Uganda’s infrastructure projects required to transport the fuel out of the country may delay the planned early exports of output from Ugandan crude deposits.
West African top exporters reached a record high of 726.4mb total, in October, which is 45.45bm in total, higher than September, with Nigeria and Angola leading the charge.