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Crude Oil Price (US$/Barrel), Production (mbd) and Export (mbd)


Crude Oil Price (US$/Barrel), Production (mbd) and Export (mbd)
Year 2020
Month
July
 August September
Crude Oil Price (Bonny Light) 44.10 45.06 40.85
Domestic Production 1.65 1.65 1.54
Crude Oil Export 1.20 1.20 1.09
       
Note: mbd means million barrels per day
Source: Nigerian National Petroleum Corporation (NNPC) and Reuters
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Facts : 1/1/1900
Paris Club of Creditors:The club represents only government guaranteed creditors. Members include the United States of America, United Kingdom, Germany, France and Canada, who guarantee the export activities of their nationals. When the recipient nation s government is unable to pay the equivalent of the imports domestic currency cover, it becomes government debt owed to creditor nations. The first Paris Club meeting was held in 1956.
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