Thirty crude oil cargoes are sitting in Nigeria and waiting for buyers, Reuters reports, citing trading sources who added that the cargoes were part of the country’s loading schedule for August and September, and there is still chance to sell them by the end of next month. The news comes amid a slowdown in oil demand from the biggest consumers of the commodity: Asian economies, whose growth has been faltering recently. Yet Angola is raising its shipments abroad, Reuters also reported. The country sold 47 cargoes for loading in September and now plans to sell another 49 for loading in October. The news might suggest there is plenty of oil supply, or at least plenty of Nigerian oil supply: another Reuters report from this week said that Nigerian oil supply might hit a three-month high in October, with daily loadings at 1.12 million barrels, to a total of at […]