July 15, 2024
How OPEC+ slashes Nigeria’s production quota to 1.826mb/d
OPEC daily basket price stood at $61.70 a barrel
– By Godswill Odiong

Kindly Share

Facebook
Twitter
LinkedIn
WhatsApp

By Eyo Nsima
The Organisation of Petroleum Exporting Countries, OPEC, and its allies, known as OPEC+, has slashed Nigeria’s oil quota to 1.826 million barrels per day, mb/d in October, from 1.83mb/d in September 2022.

The action, which aims at enabling OPEC+ to realise stability in the market was taken at the just-concluded meeting of OPEC and non-OPEC ministers.

However, it also affected the quota of other members, expected to comply from October 2022.
. Details coming later

Kindly Share

Facebook
Twitter
LinkedIn
WhatsApp

Copyright @ TheDaily. All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from TheDaily

Leave a Comment

Your email address will not be published. Required fields are marked *

📰 Subscribe to our Newsletter

Scroll to Top