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Africa oil output reduces: Bloomberg

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Africa's oil exports slumped to the lowest level in at least three years last month, as infrastructure woes for some of Nigeria’s biggest streams combined with gradually waning output in Angola.

Combined flows from the region fell to 3.41 million barrels a day in January from 3.8 million barrels a day in December, according to tanker-tracking data compiled by Bloomberg. 

 It was the lowest for both countries since January 2018, when Bloomberg started monitoring shipments in detail.

 Usman Umar reports.

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Africa oil output reduces: Bloomberg

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