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Nigerian Oil minister says OPEC and non-OPEC to meet in Russia on March 20th

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 3, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Nigerian Oil minister was out on the wires today stating an OPEC and non-OPEC meeting in Russia on March 20th.

    Minister added dramatic price moves could be seen after the meeting in March. He also said non-OPEC producers are targeting $50/barrel oil price.

    The wires have been reporting since last few days about the possibility of OPEC and non-OPEC officially signing a production freeze accord in March.
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