Thursday, 20 August 2015

NIGERIA AMONG OPEC’S ‘FRAGILE FIVE’ AS OIL PRICES PLUNGE

Nigeria among OPEC’s ‘Fragile Five’ as oil prices plunge Nigeria has been grouped alongside Algeria, Iraq, Libya and Venezuela as members of the Organisation of Petroleum Exporting Countries (OPEC) ‘fragile five’, according to RBC Capital Markets Ltd.
 
The countries are said to be OPECs most vulnerable nations who are exposed to risks of worsening political and economic turmoil as oil prices plunge to six year lows
 

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