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Udara Hemachandra

Does Nigeria production have an effect on oil price ?

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Yes it does.

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Total can bring the production up in Nigeria but history shows that there could be an uprising at any time.  As is typical of a Major Oil company, Total will shut the wells in and wait until the attacks subside.  Nigeria can impact oil prices with increased production on the world market but it can also turn into a non-producing country at any time.  Nigerian oil is like the oil price itself.  You can't depend on its stability.

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i see so its important to keep peace. in the country geo political effect  

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