Positive Iran oil moves raise OPEC alarms
Key OPEC producer Nigeria says a decision must be reached on how to end the global oil price rout./ Only hours after news emerged that Iran has shipped its first oil cargo to Europe in multiple years as well as an announcement by Tehran that it has made a major rise in its oil production, indications emerged that key OPEC producers have become worried over the already deteriorating conditions in the oil market. Nigeria announced on Sunday that it will soon discuss the new market conditions with Saudi Arabia and Qatar. The announcement was ...
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