Relief for Nigeria, as OPEC extends oil output freeze | InfoWARE Finance
Relief for Nigeria, as OPEC extends oil output freeze
(Source: THE GUARDIAN, Date: 26-May-2017)
Nigeria yesterday got special concession as the Organisation of Petroleum Exporting Countries (OPEC) reached the much-sought consensus to extend oil output freeze to keep prices high. The OPEC has extended cuts in oil output by nine months until March 2018 to further battle a global glut of crude. This output freeze exemption would help Nigeria to retain about 78,000 barrels per… Read More...
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