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Nigeria sees too much oil in the market

Nigeria's Oil Minister Diezani Alison-Madueke attends a session at the World Economic Forum (WEF) in Davos, January 27, 2012. REUTERS/Arnd Wiegmann

Nigeria's Oil Minister Diezani Alison-Madueke attends a session at the World Economic Forum (WEF) in Davos, January 27, 2012. REUTERS/Arnd Wiegmann

VIENNA (Reuters) – Nigeria Oil Minister Diezani Alison-Madueke said on Tuesday that she thought there was too much oil supply on the market.

The minister was speaking to reporters at an OPEC seminar of oil minister and leading oil industry executives ahead of the cartel’s meeting on Thursday.

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