Nigeria Expects OPEC to Hold Firm in December on $70 Oil
- OPEC+ won’t make ‘dramatic’ changes at next meeting: Kachikwu
- Supply growth in 2019 may force a rethink later, minister says
This article is for subscribers only.
OPEC and its allies are likely to keep oil-production policy steady when they meet in December as current prices near $70 a barrel suit all members, Nigeria’s oil minister said.
“I’d be surprised to see anything dramatic” when the coalition gathers, Petroleum Minister Emmanuel Ibe Kachikwu said in an interview in London. “We’re likely to push the can forward” as “$70 is the comfort level, for us and for everybody.”