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Crude Oil Price (US$/Barrel), Production (mbd) and Export (mbd)
Year 2014
Month
May
June July
Crude Oil Price (Bonny Light) 111.90 114.60 109.63
Domestic Production 2.33 2.16 2.06
Crude Oil Export 1.88 1.71 1.61
       
Note: mbd means million barrels per day
Source: Nigerian National Petroleum Corporation (NNPC) and Reuters
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Facts : 1/1/1900
London Club of Creditors:These are mainly uninsured and unguaranteed debts extended by commercial banks to nationals of debtor nations. Members of the club are commercial banks mainly in industrialized countries. The first London club meeting was held in 1976 to discuss re-payment and conclude re-structuring agreements.
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