| For some of the world’s biggest oil-producing nations, the pain of more than a year and a half of falling prices is forcing increasingly desperate measures. Nigeria’s top oil official used a panel at the World Economic Forum in Davos, Switzerland, to bluntly plead for an emergency meeting of the Organization of the Petroleum Exporting Countries.
Other member states of OPEC, a cartel of some of the world’s biggest producers, have quietly lobbied for such a meeting for months. But on Thursday, Nigerian Oil Minister Emmanuel Ibe Kachikwu made one of the strongest, public calls yet by an OPEC member...............................................Full Article: Source
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