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School: Oil Crisis News from Around the World • Quest 01: Oil Crisis News • Task 01: Submit your articles here
updated 2/16/2003 8:08:00 AM by Johan V.
Report: Nigeria and Kuwait cut oil production
I just read that Nigerian oil workers are going on strike.
http://www.cnn.com/2003/WORLD/africa/02/15/nigeria.oilstrike.ap/index.html

I also read that Kuwait is cutting production, because of the upcoming war in the gulf.
http://www.cnn.com/2003/WORLD/meast/02/15/kuwait.oil/index.html

Combined with the historically low oil reserves in the US and the strikes in Venezuela, this may mean a quite big price-rise.


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