...but quotas will stay the same," said Diane Munro of Wood Mackenzie. Joining those looking for cuts Wednesday, Edmund Dakouro, Nigeria's presidential adviser on petroleum and energy, said he wanted to a see "a signal to the market to stop...

...exploring for new oil fields to replace those being depleted. Nigeria's Presidential Adviser on Petroleum and Energy Edmund Dakouro told reporters after the news conference that a minimum price of $22 was no longer "realistic," given the economic...