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Tuesday, September 12, 2017

Nigeria would not consider reducing production until March 2018

Financial Times reports. The Financial Times is reporting that Nigeria would not consider reducing oil production until at least March. Crude oil is trading around $48.00 /BBL. The high reached $48.44. The low extended to $47.73. The headlines did send the price down about 30 to 40 cents (see chart below), but does remain above the earlier
Nigeria would not consider reducing production until March 2018

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