Oil tilts higher on Libya, Nigeria output-limit talk
Oil prices fell roughly 4% last week, but saw a tepid recovery Monday, boosted by news that OPEC could pressure Nigeria and Libya to curb oil production. Both are members of OPEC but exempt from the group-led agreement to cut global output by 2%.
OPEC to ask Nigeria, Libya to cut oil productionPremium Times
Libya, Nigeria may attend OPEC, non-OPEC July meetingReuters
OPEC Caps for Libya and Nigeria Wouldn’t Be Enough to Fix Oil GlutBloomberg
Wall Street Journal (subscription) –Vanguard –OilPrice.com
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