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Nigerian Oil Output Below 1.8 Million BPD Quota - OilPrice.com
CNBC | Nigerian Oil Output Below 1.8 Million BPD Quota OilPrice.com Nigerian oil production remains below 1.8 million barrels per day, in compliance with a quota set on the African nation by OPEC earlier this year in response to its explosive output growth through 2017. Oil Minister Emmanuel Ibe Kachikwu made the ... Refinery demand, not OPEC, is the key to keeping oil prices above $50 a barrel, analysts say The great oil glut is receding and 'ingredients for a powerful rally are in place' Oil prices rise, extending streak of weekly gains |
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