Saudi Arabia Discusses Progress Of OPEC+ Deal With Nigeria

Saudi Arabia’s Crown Prince Mohammed and the president of Nigeria Muhammadu Buhari, discussed the progress of the OPEC+ oil production cut deal this week in a phone call, the Saudi Press Agency reported without providing any details about the contents of the call. Nigeria, along with Iraq, has been lagging in compliance with the production quotas set by OPEC+ in April, aiming to shave off some 9.7 million bpd in oil supply until the end of July. In fact, Iraq and Nigeria—especially Nigeria—were so bad at compliance…