The United States has reduced its imports of Nigerian crude oil by almost 50%.
The United States decreased its acquisition of Nigerian crude oil by roughly 47.16% from the previous month in January 2026. This significant reduction is linked to a wider deceleration in U.S. crude imports and evolving global energy trends, with other African nations such as Angola and Ghana increasing their market presence. Import Volume: Decreased to 1.664 million barrels, down from 3.149 million barrels in December 2025. Market Share: Nigeria's proportion of total U.S. crude imports fell from 1.59% to 0.88%. The customs value of these imports declined from $217.36 million in December to $115.99 million in January. Notwithstanding the monthly decrease, Nigeria continued to be Africa's largest crude supplier to the U.S. throughout 2025, representing 52.2% of the continent's exports to the nation. Challenges in domestic sourcing and the emergence of the Dangote Refinery have altered supply flows; in mid-2025, U.S. crude actually surpassed Nigerian supply for the refinery...