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International records / CIA Reading Room

MAJOR LDC DEBTORS: FINANCIAL IMPACTS OF AN OIL PRICE DECLINE

resources. Even with a small price drop, however, Egypt and Nigeria would confront-- serious new financial ... in Nigerian production, triggered a $5.50 per barrel reduction in Nigeria 's official price. OPEC ... Nigeria followed with a price drop of $2 per barrel, undercutting Norwegian and UK prices by 65 cents. ...

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