Friday 17 April 2015

NIGERIA'S OIL PRODUCTION FALLS MOST AMONG OPEC MEMBERS

Minister of Petroleum Resources, Mrs. Diezani Alison-MaduekeStill smarting from the plunge in revenue, Nigeria saw the highest drop in crude oil production in March among its peers in the Organisation of Petroleum Exporting Countries, the latest monthly report from the 12-member oil cartel has shown.
 
The report, which was released on Thursday, put oil output from Nigeria at 1.67 million barrels per day in March, down from 1.80 million bpd in February, based on direct communication. The country pumped 1.96 million bpd in January.
 
 

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