Nigeria's Crude Oil Exports to U.S. Decline Amid Rising Competition from Africa
Nigeria's crude oil exports to the United States have decreased by 15.06% in the first quarter of 2026 compared to the same period in 2025. The U.S. imported $578.78 million worth of Nigerian crude, down from $681.40 million the previous year. This decline is attributed to increased competition from other African countries, particularly Libya and Ghana. Additionally, pipeline disruptions in Nigeria have impacted production volumes. Despite the decrease, Nigeria remains a significant source of U.S. crude oil imports from Africa, although its market share has dropped from 61.7% to 34.8%. 
