oil producing countries as revealed from Moscow could export freely as much as they desire by March.Saudi Arabia,is going into full fledged war,pushing prices to limit for a potential burst,reacted negatively and yet poised to increase oil output next month,well above 10million b.p.day,as trade talks with OPEC membership broke down.This political reaction was begun to flex its mettle,slashed prices on Saturday it sells to foreign markets and offered unprecedented discount to the far east,Europe and U.S.refiners.The budget benchmark of $57 for the 2020 period is far too beyond the current oil price for Brent at $45.27 of a daily production of 2million b.pd.Bonny light sells for $46.33 per barrel sliding by 10.8%.Worsened by the outbreak of Coronavirus,should Saudi pumps more oil output into oil market,oil prices could plummet further,endangering and putting the economic safety of Africa's biggest economy into jeopardy.Nigeria's finance minister a week ago due to the outbreak of Coronavirus c
alled for the
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