Unperturbed by recent disagreements among members of the Organisation of
Petroleum Exporting Countries (OPEC), minister of Petroleum Resources,
Dr. Ibe Kachikwu, has stated his conviction that the days of higher
prices like $50 a barrel of oil and above are coming.
He also said he was unrelentlessly continuing to push for production freeze consensus.
The minister told media outfit, CNBC, that he was hopeful that OPEC members would be able to come to an agreement to freeze oil production as a way to combat the low oil price.
He also said he was unrelentlessly continuing to push for production freeze consensus.
The minister told media outfit, CNBC, that he was hopeful that OPEC members would be able to come to an agreement to freeze oil production as a way to combat the low oil price.