OPEC fails to agree on output policy as Niger Delta boils

by | June 3, 2016 10:34 am

In the face of destruction of oil and gas infrastructure in the Niger Delta region of Nigeria, OPEC again failed to agree on output policy.  The cartel could not agree on the exact volume to be pump into  the  market  because  of  the  intense  rivalry  that exists between Saudi Arabia and Iran, which is insisting…

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