The Minister said this in a statement on Monday by his Senior Adviser, Media and Communications, Horatius Egua.
Browsing: Organization of Petroleum Exporting Countries
Recall that as reported by The Eagle Online, Barkindo was at the Presidential Villa in the morning of the day he died.
We started congregating in the council chamber of the Presidential Villa, venue of the meeting, from about 9:30am.
The Ministry, led by its Permanent Secretary, Mallam Aliyu Ahmed, appeared before the Public Accounts Committee of the House chaired by Hon Busayo Oluwole Oke (PDP-Osun) in the ongoing investigative hearing on the audit queries by the Auditor-General of Federation on Ministries Departments and Agencies.
Brent crude was up 50 cents at $75.58 a barrel by 1335 GMT.
Barkindo made this known at the opening of the fourth Joint OPEC-non-OPEC Ministerial Monitoring Committee in St. Petersburg, Russia.
According to Reuters, fewer drilling rigs were added in the United States last week, helping ease concerns that surging shale supplies will undermine the Organization of Petroleum Exporting Countries-led production cuts.
The Organisation of the Petroleum Exporting Countries agreed to cut output by about 1.2 million barrels per day for six months from January 1 to prop up prices and reduce a glut
Gains were capped by rising US production and scepticism that the Organization of Petroleum Exporting Countries as a whole would comply with its commitments to reduce supplies
The deal to cut production kicked in on Sunday
The Organization of Petroleum Exporting Countries will meet non-OPEC nations in Vienna on Saturday seeking their help in curbing a global supply glut
Iran has been the main stumbling block for such a deal because Tehran wanted exemptions as it tries to regain oil market share after the easing of Western sanctions in January