Nigeria Quotes

You're seeing some back and forth movement because after three straight up days, there's a strong tendency to take profits. But any prolonged labor disruption in Nigeria would be devastating. - Phil Flynn

You see, I was told stories, we were all told stories as kids in Nigeria. We had to tell stories that would keep one another interested, and you weren't allowed to tell stories that everybody else knew. You had to dream up new ones. - Ben Okri

You have all the elements to push the price up: high demand, tight supplies, tight refining capacity, interruptions in supplies, geopolitical tensions, Iran, Nigeria, etc.. The upside is bigger than the downside, so the money is piling in. - Roger Diwan

Yes, there is less supply in Nigeria, but that is not enough to cut into oversupply. - Dariusz Kowalczyk

Women in Africa, generally a lot needs to be done for women. Women are not being educated, not only in Angola but my trip to Nigeria, one point I would make over and over again was that women need to be educated too. - Mia Farrow

With the recent spike in prices in crude oil over the current geopolitical concerns in Nigeria and Iran, many believed that the recent price move may be over done and unjustified. - John Person

With the recent BB-Rating of Nigeria by Fitch, the tremendous achievements made by the government in debt relief, a relentless domestic war on corruption and well over $30 billion in foreign reserves, I believe Nigeria has demonstrated enough seriousness with reforms to be taken very seriously by the international community. - Dr. Erastus Akingbola

With the ongoing political tensions in Iran and with Nigerian militants threatening more attacks on oil companies, short covering should push prices higher next week. Speculators still hold a considerable amount of short positions. With the current news flow, those investors should feel increasingly uncomfortable with their positions. - Tobias Merath

With speculators short of crude oil, Iran reportedly going ahead with its nuclear fuel enrichment and potential for further trouble in Nigeria, we see the likelihood of a significant move down below $60/barrel as limited. - Barclays Capital

With oil prices over 60.0 dollars, it is not necessary, particularly with Nigeria losing about 500,000 barrels per day. - Bruce Evers