Nigerian Oil Min.: OPEC+ cuts unlikely to exceed 1million bpd

Haresh Menghani FXStreet

Very difficult for Nigeria to reduce oil production, says Nigerian oil minister on the sidelines a closely watched OPEC meeting in Vienna.

Additional quotes:

• Does not know how much Nigeria could contribute to cuts.
• US President Trump has put us to work but we are looking at OPEC first.
• OPEC+ cuts unlikely to exceed the range of 800,000 to 1million bpd.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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