Nigeria Oil Output Drops Again as Leak Adds to Security Woes

  • Nation's crude output reduced by about 400,000 barrels a day
  • Shell, Chevron evacuated non-essential staff after attacks

Unfazed Markets: The Resilience of Oil

At least a fifth of Nigerian oil production, equivalent to almost 400,000 barrels a day, has been shut down as a pipeline closure added to disruptions caused by militant attacks.

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