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Exxon Mobil (XOM) declares force majeure on some of Nigeria's benchmark Qua Iboe crude oil...
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Friday, February 8, 8:45 AM ETExxon Mobil (XOM) declares force majeure on some of Nigeria's benchmark Qua Iboe crude oil exports because of repair work on a section of pipeline. Traders say ~75% of exports from Qua Iboe are affected. Qua Iboe is Nigeria's largest crude oil stream, with exports before the force majeure expected at ~400K bbl/day.
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