Nigeria is willing to cut its oil production from 1.8 million barrels per day (bpd) if that level is reached and sustained, Oman’s oil minister, Mohammed bin Hamad Al-Rumhy, said on Monday.
Al-Rumhy said an OPEC and non-OPEC joint output monitoring committee had recommended an agreement with Nigeria to limit the country’s output at 1.8 million bpd.
No agreement on Libya’s output was reached, he said.