Rebounding oil prices, increasing exploration activities and a more strategic approach from shale oil producers in the United States (US) are reopening 2014 scars for Nigeria and some of the biggest oil producers in the world, as they seek to support prices and reduce oversupply. The resurging shale oil production will be scary for Nigeria…for further reading, click on https://businessday.ng/energy/oilandgas/article/shale-oil-resilience-poses-another-nightmare-for-nigeria-opec/
Source: BusinessDay Newspaper April 1, 2021