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13 Sep 2017
Nigerian Oil Min: "Very unlikely" to join OPEC cuts before March
"Nigeria is very unlikely to join OPEC's cuts in oil production before March, its oil minister Emmanuel Ibe Kachikwu said on Wednesday," Reuters reported.
Key quotes (via Reuters):
- An extension to the cartel's cuts, which are an attempt to stabilise oil prices, was possible since volumes of oil stocks were still a challenge.
- I will not be surprised if an extension to the cuts is contemplated post-March