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Exxon Mobil (XOM) lifts its force majeure on its Nigerian Qua Iboe crude oil grade, slightly...

  • Monday, December 10, 2012, 12:12 PM ET
    Exxon Mobil (XOM) lifts its force majeure on its Nigerian Qua Iboe crude oil grade, slightly easing concerns about supply from Africa's biggest oil exporter. XOM's move follows that of Shell, which lifted the last of its three force majeures in late November; the loading halts were imposed due to flooding and theft in the region and have led to a decline in exports.
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