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2017-09-15 08:50:00

NIGERIA NEEDS TIME

NIGERIA NEEDS TIME

FT Nigeria will resist any attempts to curb its oil production when it meets with Opec and Russia later this month, posing a threat to the cartel's efforts to cut global supplies and boost crude prices towards $60 a barrel.

Emmanuel Kachikwu, Nigeria's minister of state for petroleum resources, told the Financial Times that the west African nation's energy sector was still suffering from years of violent disruptions and needed more "recovery time" before joining a supply deal agreed last year between some of the world's biggest oil producers.

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Tags: NIGERIA, OPEC, RUSSIA, OIL

Chronicle:

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U.S. OIL INVENTORIES DOWN 9.6 MB

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2019, March, 22, 10:15:00

SAUDI'S OIL WILL DOWN

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2019, March, 22, 10:10:00

BRITAIN NEED INVESTMENT $265 BLN

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2019, March, 22, 10:05:00

U.S. FEDERAL FUNDS RATE 2.25-2.5%

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