{"id":17131,"date":"2019-10-23T17:10:07","date_gmt":"2019-10-23T17:10:07","guid":{"rendered":"https:\/\/www.africa-press.com\/nigeria\/?p=17131"},"modified":"2019-10-23T17:10:07","modified_gmt":"2019-10-23T17:10:07","slug":"saudi-wants-obedience-from-nigeria-to-help-improve-petroleum-prices","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/all-news\/saudi-wants-obedience-from-nigeria-to-help-improve-petroleum-prices","title":{"rendered":"Saudi Wants Obedience From Nigeria To Help Improve Petroleum Prices"},"content":{"rendered":"<p>Sources in Saudi Arabia have told Reuters that they want Nigeria and Iraq to observe 100 per cent compliance with agreed production cuts before they would decide to push for more production quota restrictions or not.<\/p>\n<p>The Organisation of the Petroleum exporting Countries and an alliance of a few other producers led by Russia, has since 2017 been pledging and renewing output limitations to keep prices from plummeting.<\/p>\n<p>Nigeria and its Middle-East co-offender Iraq, have however not been adhering to the renewals agreed on in December 2018.<\/p>\n<p>Saudi have been producing about 300,000 barrels per day less than the quota they were assigned, giving them a strong footing to ask for assurances.<\/p>\n<p>\u201cOf course deeper cuts are an option, but some things should happen before that.<\/p>\n<p>\u201cThe rest of the <a href=\"https:\/\/www.opec.org\/\">OPEC<\/a> countries will not cut deeply if Iraq and Nigeria don\u2019t comply 100 per cent,\u201d a source said.<\/p>\n<p>\u201cIn December we will consider whether we need more cuts for next year. But it is early now, things will be clearer in November,\u201d the source added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sources in Saudi Arabia have told Reuters that they want Nigeria and Iraq to observe 100 per cent compliance with agreed production cuts before they would decide to push for more production quota restrictions or not. The Organisation of the Petroleum exporting Countries and an alliance of a few other producers led by Russia, has [&hellip;]<\/p>\n","protected":false},"author":62,"featured_media":17133,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,14],"tags":[97,1049,369,570],"class_list":["post-17131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-buhari","tag-nigeria-russia-relations","tag-opec","tag-saudi-arabia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Saudi Wants Obedience From Nigeria To Help Improve Petroleum Prices - Nigeria<\/title>\n<meta name=\"description\" content=\"Sources in Saudi Arabia have told Reuters that they want Nigeria and Iraq to observe 100 per cent compliance with agreed production cuts\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/saudi-wants-obedience-from-nigeria-to-help-improve-petroleum-prices\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi Wants Obedience From Nigeria To Help Improve Petroleum Prices\" \/>\n<meta property=\"og:description\" content=\"Sources in Saudi Arabia have told Reuters that they want Nigeria and Iraq to observe 100 per cent compliance with agreed production cuts\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/saudi-wants-obedience-from-nigeria-to-help-improve-petroleum-prices\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-23T17:10:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/2019\/10\/Buhari-in-Saudi-960x640.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"333\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"alico\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"alico\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/saudi-wants-obedience-from-nigeria-to-help-improve-petroleum-prices#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/saudi-wants-obedience-from-nigeria-to-help-improve-petroleum-prices\"},\"author\":{\"name\":\"alico\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/50afd2ef4f0e900bd0a176404a8484a7\"},\"headline\":\"Saudi Wants Obedience From Nigeria To Help Improve Petroleum Prices\",\"datePublished\":\"2019-10-23T17:10:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/saudi-wants-obedience-from-nigeria-to-help-improve-petroleum-prices\"},\"wordCount\":181,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/saudi-wants-obedience-from-nigeria-to-help-improve-petroleum-prices#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/2019\/10\/Buhari-in-Saudi-960x640.jpg\",\"keywords\":[\"Buhari\",\"Nigeria-Russia relations\",\"OPEC\",\"Saudi arabia\"],\"articleSection\":[\"all news\",\"Policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/all-news\/saudi-wants-obedience-from-nigeria-to-help-improve-petroleum-prices#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/saudi-wants-obedience-from-nigeria-to-help-improve-petroleum-prices\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/saudi-wants-obedience-from-nigeria-to-help-improve-petroleum-prices\",\"name\":\"Saudi Wants Obedience From Nigeria To Help Improve Petroleum Prices - 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