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Tag: BARRELS

CORONAVIRUS Injures Nigeria’s Oil Market as OPEC Plans cutting 2.7 million a day

Nigeria’s vulnerable economy may face further challenges following plans by the Organisation of Petroleum Exporting Countries (OPEC) to reduce crude oil output by about 2.7 million barrel per day (bpd) in an attempt to save the market from the shocks of Coronavirus. Oil prices have fallen to a record low since the outbreak early this …

CORONAVIRUS Injures Nigeria’s Oil Market as OPEC Plans cutting 2.7 million a dayRead More

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