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NIGERIA: OPEC+ production cuts would be credit negative, if obeyed

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During the 9 April OPEC+ meeting, Nigeria apparently consented to cut production to 1.4 million barrels per day (mbpd) in May and June, and to 1.5 mbpd from July until the end of the year. How sincere the government is about such steep production cuts will be swiftly put to a tes...

 

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NIGERIA: OPEC+ production cuts would be credit negative, if obeyed

During the 9 April OPEC+ meeting, Nigeria apparently consented to cut production to 1.4 million barrels per day (mbpd) in May and June, and