OPEC’s crude production increased in June as Nigeria raised output following repairs to some infrastructure that had been damaged by militant attacks. Nigeria pumped an average 1.53 million barrels a day last month, a gain of 90,000 a day from May, according to a Bloomberg survey.
The West African country was able to repair some pipelines after agreeing a cease-fire with rebels in the Niger River Delta, Emmanuel Kachikwu, Nigeria’s state minister for petroleum resources, said on June 27. On Sunday however, the Niger Delta Avengers militant group claimed five more attacks on oil installations in the region...............................................Full Article: Source
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