Nigerian Oil Woes Weigh on Budget

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Nigeria’s senate has approved a budget for next year of 17.13 trillion naira ($41.37 billion), which is based upon an average oil price for the year of $62 per barrel for benchmark Brent crude and average production of 1.88 million barrels per day.

Topics:
Opec/Opec-Plus, Policy and Regulation, Oil Supply
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