Nigeria: Opec Considers Nine-Month Extension in Output Cut

The Organisation of Petroleum Exporting Countries, OPEC, is considering a six or nine-month extension in reduction of crude output, PREMIUM TIMES has gathered.

An OPEC panel reviewing scenarios for the oil producer group's meeting next week is looking at the options in an attempt to drain inventories and support prices.

...

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.