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Nigeria is Africa's top oil producer and the World Bank estimates crude sales fund about 75% of the country's budget.
Another government investigation revealed corrupt, cut-price crude sales to oil companies that cost the treasury billions.
They also say that Saudi Aramco discounts Saudi crude sales to Motiva through various accounting adjustments and credit lines with generous terms.
Iran is the fifth largest producer of oil, making the world's oil price vulnerable to any changes in its crude sales.
Iran relies on crude sales for 80% of its exports revenue and also providing most of the foreign currency in the country.
Iran, one of the world's largest oil producers, relies on crude sales for 80% of its export revenue and to bring in most of the foreign currency.
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Iran's Oil Ministry on Sunday announced the suspension of crude oil sales to companies from the U.K and France as the Islamic state responds to a European Union embargo set to take effect July 1.
Her father is a retired manager for international crude oil sales at Mobil Oil in Fairfax, Va.
"The F.T.C. cannot demonstrate a lessening of competition in crude oil sales to the West Coast," the companies said.
According to the Department of Energy, Iran's crude oil sales account for 80 percent of its hard-currency export earnings and 50 percent of its overall government budget.
"We were instructed by the government to get the lowest price," said Ali Mubdir, director of crude oil sales in the State Oil Marketing Organization, or SOMO.
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