Nigeria spared as seven OPEC+ producers raise output by 188,000 bpd

AI Summary

Seven OPEC+ producers have agreed to raise output by 188,000 barrels per day, while Nigeria was excluded from the agreement as it does not participate in the additional voluntary production adjustment. Nigeria's production plans remain unaffected by this increase.

Nigeria was not part of the meeting because it is not participating in the additional voluntary production adjustment arrangement, meaning the latest output increase does not affect its production plans. The post Nigeria spared as seven OPEC+ producers raise output by 188,000 bpd appeared first on Vanguard News.