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ExxonMobil (XOM) Declares Force Majeure at Key Nigerian Pipeline

May 13, 2016 8:44 AM EDT

ExxonMobil (NYSE: XOM) is said to have declared force majeure on Nigerian Qua Iboe crude exports, according to reports out Friday.

Traders said that ExxonMobil is having trouble with a pipeline, which lead to a disruption of supplies.

Qua Iboe... More