OPEC

Nigeria Will Be Flexible on Prices While Market Weakness Lasts 

According to statements by the Nigerian Oil Minister, Prof. Tam David-West, Nigeria intends to keep its oil pricing options open as long as the oil market remains weak - which may be until the end of the decade. Speaking in Lagos on 22 November, Prof. David-West said: "I have no illusions that the oil market will remain relatively weak at least until the end of this decade before we start to see a positive rise...