PANIC! Is Nigeria’s Oil Losing International Appeal? No Buyers As 20m Barrels Remain Unsold –Report
*W/African Oil Struggles To Find Customers *Middle East Oil Displacing W/African Crude In Asia *Global Glut Builds West African crude oil sellers are struggling to find buyers for up to 26 December- and January-loading cargoes due to stiff competition from plentiful and cheaper alternative supplies, traders and analysts told Reuters. The amount of unsold Nigerian and Angolan crude, analysts say, is a symptom of a wider oil market surplus. It drove selling on the international futures market that pushed Brent crude below $60 per barrel to the lowest since May this week. "The overhang of West African cargoes partly reflects…












