Nigeria commits to new OPEC+ targets after earlier non-compliance

WORLD OIL | Nigeria said it reaffirms its commitment to the OPEC+ deal struck on Saturday and “subscribes to the concept of compensation” from members pumping above their quota.


“We are in full alignment with the decision to closely monitor the market dynamics and it is our conviction that the current gradual recovery being witnessed will be sustained to full traction,” the Nigerian Ministry of Petroleum Resources said in a statement posted on Instagram.


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