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Nairaland Forum / Nairaland / General / Business / Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. (21123 Views)
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Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by Nobody: 9:50am On Mar 18, 2016 |
ollah1: Literally, that is true. Russia needs oil to be at $99 and Saudi $80 to be ''safe'' financially speaking. And I doubt oil would be that high. Everyone is producing oil now. |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by Inspectahdeck(m): 9:55am On Mar 18, 2016 |
Hmmmm From your comment you just justified Burahi's effort to increase oil price. Let me quote you " reduce supply and price goes up" this was the reason Burahi travelled to the middle east to seek support to reduce production and supply. Please give credit to who deserve same. It will take nothing from you and your ego. chally02: 1 Like |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by odehman: 9:55am On Mar 18, 2016 |
Quakertellicus1:baba i swear i feel you die 1 Like |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by odehman: 9:58am On Mar 18, 2016 |
Bawizzie:boss you funny die |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by yaki84: 10:04am On Mar 18, 2016 |
Ijaya123: the current price increase is not from buhari's foreign trips abeg, dey listen to cnn news n hear what caused it. its been cause by issues currently in saudi arabia. its like there was an explosion in their facilities so that lead to no production from their end. so its not because of buhari's foreign trips unless na bubu send him boys make dem go blow saudi oil facilities. 1 Like 1 Share |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by yaki84: 10:10am On Mar 18, 2016 |
goodlifehyd: what opec is clamouring for in their next meeting is for freezing in oil production. it means the whole opec n non members must cut production atleast from 500,000 to 1million barrels a day. it is still not good for nigeria cos definitely the price will go up but our production a day will go down, n we will be making almost the same money we r making today where oil price is selling at 40 dolls or so. the only people dat will benefit is d oil coys. 1 Like |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by texazzpete(m): 10:12am On Mar 18, 2016 |
Gamesmart: My broda, na so I see am o. As soon as maths is involved, TANoids start to convulse and spew out rubbish. 1 Like |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by Johnrake69: 10:33am On Mar 18, 2016 |
LeFreakSoChic: Why that tone? Meanwhile you are wrong! Buhari’s tour has nothing to do with the recent development. You can knock yourself out with this article from Wall Street Journal. http://www.wsj.com/articles/oil-prices-rise-on-producers-plan-to-discuss-output-limits-1458123308 1 Like |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by wisest10: 10:36am On Mar 18, 2016 |
''due to the rise in benchmark of crude oil, we are not going to diversify d economy, instead we are going to invest and run d oil sector with intense management and no curoption, so dat d revenue can fund d agric sector, just lyk we did not pay our youth 5000 but invested d money,i know dat those that will complain are pdp loyalist,but those dat want to grow d country, support #change''--lia muhammed (although its not officialy out but i know it will soon b said) |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by Tmoyo(m): 10:40am On Mar 18, 2016 |
Acidosis:by the time ur brain start working, u must have sum up to 53yrs...all una sabi nah media lashing....sit there and be waiting for the govt... |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by Ijaya123: 10:58am On Mar 18, 2016 |
yaki84: You're entitled to your selective opinion. |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by gbrown(m): 11:00am On Mar 18, 2016 |
SeverusSnape: |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by Ephemmm: 11:08am On Mar 18, 2016 |
SeverusSnape: Economic downfall was caused by PMB, but increase in oil price cannot be attributable to him: has wailing sent your logical common sense on strike? Typical of TANoid: always ready to attribute bad news to PMB, but reverse is the case when it comes to good news. |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by 3kay945(m): 11:12am On Mar 18, 2016 |
Acidosis: Funny.... 1 Like |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by yaki84: 11:15am On Mar 18, 2016 |
Ijaya123: listen to world news not apc propaganda. what s selective abt wat I said? 1 Like |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by Mike008(m): 11:18am On Mar 18, 2016 |
Timoleon: If the budgeted revenue is not achieved, how can diversification be realized? |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by Deen77: 11:20am On Mar 18, 2016 |
Acidosis: Well better than IB, wait for $1000/ barrel then.
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Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by Ijaya123: 11:39am On Mar 18, 2016 |
yaki84: Do you even know the meaning of propaganda? |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by yaki84: 11:51am On Mar 18, 2016 |
Ijaya123: no ooo, abeg what is the meaning? |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by Zuula(m): 11:54am On Mar 18, 2016 |
One Zombie spotted!!!!! Ijaya123: |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by Sweetlemon(f): 12:13pm On Mar 18, 2016 |
Acidosis: And what did the past administration do when oil was $120 |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by Acidosis(m): 12:23pm On Mar 18, 2016 |
Sweetlemon:Do your research 1 Like |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by Ijaya123: 12:29pm On Mar 18, 2016 |
Zuula: One Buffon seen. |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by Kingspin(m): 12:30pm On Mar 18, 2016 |
Our politicians smiling not the people. |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by Kingspin(m): 12:33pm On Mar 18, 2016 |
zuby4real10:Make Una remove eye from oil yeeeeeeeeh. Find other things to do. This country and the useless leaders no dey hear? |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by Timoleon(m): 12:34pm On Mar 18, 2016 |
Mike008:by directing expenditure to the right sectors and projects... |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by Nobody: 12:45pm On Mar 18, 2016 |
rusher14: Absolutely agree. Under the last administration, and in spite of oil averaging $80, the effective revenue per barrel was just above $45 due to bunkering, outright theft and poor PSC structures. 1 Like |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by deebrain(m): 3:46pm On Mar 18, 2016 |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by Ijaya123: 4:19pm On Mar 18, 2016 |
deebrain: I see inability to comprehend here. Sorry I can't help your case. |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by deebrain(m): 4:26pm On Mar 18, 2016 |
Ijaya123: Eyahh....True. I am blind and allergic to the crap of your initial post. I cant comprehend the weight of a catastrophic thinking----that a particular country president's travels will do anything about oil prices. I prefer those that can see properly to help me--its safer that way. Thanks for the offer though. |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by abduljabbar4(m): 8:20pm On Mar 18, 2016 |
Naija9090: Shut up joor, oil sold for 120/barrel under the ineffectual buffon |
Re: Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. by olajizz01(m): 8:56am On Mar 19, 2016 |
Quakertellicus1:But the poor bears the final brunt as a result of shortage of forex in the country,go and price goods in the market,there is 100percent increment in the price of goods in the market. |
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