African oil producers feel the pinch as U.S. shale oil makes inroads in key markets.

Rapid increases in U.S. shale oil output are putting pressure on Africa’s biggest crude producers, noted Rolake Akinkugbe-Filani, Senior Vice President of Nigeria’s FBNQuest Merchant Bank. In an article published by The Africa Report on September 13, she noted that African suppliers had lost ground to U.S.-based competitors in several key markets.

Posted by Jennifer Delay Iacullo

Jennifer DeLay Iacullo is a freelance writer specializing in global oil, gas, and power engineering topics. She has covered the energy industry of the former Soviet Union, China, Africa, Latin America and North America for more than 20 years. She lives in Atlanta with her family.

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