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0 0.00197472353870461 0.00157977883096377 -0.00118483412322265 0.00552922590837285 0.0078988941548183 0.0146129541864139 0.0173775671406004
Stock impact report

Go West: Nigerian oil skirts U.S. shale boom in journey to California [Reuters]

Marathon Oil Corporation (MRO) 
Last marathon oil corporation earnings: 2/12 04:30 pm Check Earnings Report
US:NYSE Investor Relations: marathonoil.com/investors
Company Research Source: Reuters
Go West: Nigerian oil skirts U.S. shale boom in journey to California LONDON/LAGOS (Reuters) - Nigeria’s oil, displaced by U.S. shale, has found an unlikely new outlet this year: the coast of the continental United States that is farthest from the African country’s shores. The shale boom has upended the global market, turning the United States from a keen buyer of Nigerian oil to an aggressive competitor. But no pipelines easily connect the shale hub at the Permian basin, located in Texas and New Mexico, to the West Coast, driving the latter to look to Nigeria to quench its thirst for crude. Early this year, Californian refineries began loading up on Nigerian oil – taking cargoes of Qua Iboe, Bonga, Erha, Forcados and others, according to traders and Refinitiv Eikon data. (Graphic: Nigerian oil to U.S. West Coast, here The more than 6 million barrels that the U.S. West Coast imported from Nigeria between April and August this year was almost four times higher than the amount for all o Show less Read more
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