Nigeria’s Oil Output To Hit 2.1m Barrels/day In January

OPEC meeting with non-OPECSUPPLIERS are forecast to urge further production in oil production next Saturday, said Nigeria’s oil minister Emmanuel Ibe Kachikwu.

“We hope to see oilPRICES levelling at $60 a barrel by December 2017”, said the minister on the sidelines of Bloomberg Markets summit, adding “production is to hit 2.1 million barrels per day by next January.” On next Saturday, OPEC members will convene with non-OPEC suppliers to finalize the oil output cut agreement.

Author: NewsAdmin

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