Economy Nigeria Oil Prices Production 
Green Car Congress
DECEMBER 5, 2018
To cut and push up prices or not to cut and preserve market share, this is the question that Saudi Arabia is facing ahead of this year’s December OPEC meeting. It seems like just yesterday when OPEC met in 2016 and decided to cut production by 1.8 million barrels daily, including from Russia, to reverse the free fall of oil prices.
Green Car Congress
APRIL 10, 2015
However, OPEC has been in the line of fire from the western world in light of its stance of not reducing the production levels of its member nations (excluding Iran). Most view this as a strategy to squeeze the American shale production and other non-OPEC nations. Nigeria’s dilemma. (Source: opec.org). All is not well for OPEC.
Green Car Congress
JUNE 20, 2012
A fourth volume examining energy security in Nigeria and other nations in the Gulf of Guinea is scheduled for later publication. Notable examples of nations where security shortfalls are significantly impeding investment and production are Nigeria; Iraq; Sudan; and, most recently, Libya. Additionally, U.S.
Green Car Congress
OCTOBER 6, 2015
Energy is the foundation of Russia, its economy, its government, and its political system. They pose an existential threat to the industry and therefore to the Russian economy: The revenues Russia can earn from its crude and natural gas exports face intense pressure. Natural gas data from Gazprom). billion respectively).
Green Car Congress
AUGUST 25, 2015
OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil. million barrels/day in 2014 to 7.55
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