Nigeria passes 2018-2020 budget, raises oil price estimate

I am sure Nigerian authorities will "manage":) They always do. Besides,  they are the only OPEC member producing a special blend of crude oil, “Sweet Crude”, with condensate, whose production is not covered by OPEC regulation and output computation.

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Seems like Nigeria, along with Libya, agreed to a collective cap on their output that exceeds the nations’ current production

 

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