Saturday, October 22, 2016

Nigeria Hopes Oil Prices Will Stabilize Around $42-$50 - Minister

Nigeria hopes crude prices will stabilize in a range around $42 to $50 a barrel, its finance minister said on Friday.
" The oil price now looks stable and that is a good thing - oil prices that are too low are a problem, but equally oil prices that are too high for us are equally a problem, " Kemi Adeosun said in London.
" Stability around the $42 to $50 mark are good for us."

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