According to Dow Jones News on October 18, a senior Nigerian oil official said at the Argus global crude summit in Geneva on Thursday that the Nigerian oil industry is recovering, and crude oil and coagulation in the first quarter of 2019. Oil production is expected to reach 2.3 million barrels per day. The official said that Nigeria’s oil production is rising due to the restoration of direct government funding, the renegotiation of legacy issues, the containment of insurgent and sabotage activities, and the adjustment of evacuation routes. At the same time, Nigeria has expanded its export base. Although Europe is still the largest destination for Nigerian crude oil, Asia and the Far East are becoming important distribution centers. India is the largest single buyer of Nigerian crude oil in 2018, close to 20%, while the United States buys Nigerian oil to about 8%.