OPEC's crude production quotas are largely notional, with actual production running close to 2 million b/d higher than the 24.845 million b/d target 11 of the group's members agreed to nearly two years ago. But quotas are also political, which may go some way towards explaining why Nigeria is resurrecting its push for a higher output allocation.
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Reactions to Platts - The Barrel: Nigeria resurrects its push for higher OPEC output quota
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