CNBC | OPEC freeze not likely, but Nigerian oil minister says 'honesty' is real progress CNBC Nigeria has seen crude oil production disruptions this year concentrated in its Niger Delta region and Oil Minister Emmanuel Ibe Kachikwu said that it lost an average of 500 to 700 barrels per day in output. He said that OPEC members would understand ... Oil outlook: 'bearish' inventories aren't what they seem Nigerian Petroleum Minister Rules Out Oil Production Cuts |