U.S. Imports $578M Nigerian Crude in Q1 2026

In the first quarter of 2026, the United States imported Nigerian crude oil valued at $578.78 million, down from $681.40 million in the corresponding period of 2025, according to data from the U.S. Census Bureau.
This represents a decline of $102.62 million or 15.06%. The import volume decreased to 7.84 million barrels compared to 8.44 million barrels in the same quarter of 2025, marking a year-on-year decline of 0.59 million barrels or 7.03%.
Notably, U.S. imports from Nigeria sharply dropped in February and March 2026, with February imports at 4.64 million barrels, down 1.54 million barrels in March. The customs value of Nigerian crude oil imports also fell, standing at $561.69 million in 2026 compared to $663.79 million in 2025.
Despite these declines, Nigeria remains a significant contributor to U.S. crude imports, although its share has decreased to 34.8% in Q1 2026. The Nigerian National Petroleum Corporation (NNPC) reported a sharp drop in crude oil sales, indicating ongoing logistical challenges and pipeline disruptions affecting output.
Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.
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