Oil Prices Topped $70 for the First Time Since March
For the first time since March 2021, oil prices rose to $70 per barrel following the re-openings of European and U.S. economies and expected rise in demands. The British economy...
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Brent Crude Rises to Almost $70; May Pose Threat to Nigerian Government’s Subsidy Payment
The international oil benchmark, Brent Crude, was just about 30 cents away from hitting $70 amid market optimism on the United States and Europe reopening. According to data from Oilprice.com,...
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Nigerian Senate Fixes Crude Oil Price at $40 per barrel for 2021
The Senate of the Federal Republic of Nigeria has passed the 2021-2023 Medium Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP) and set the benchmark for crude oil...
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Falling Oil Price May Affect Nigeria’s 2021 Budget – Finance Minister
The Nigerian Minister of Finance, Budget and National Planning, Zainab Ahmed, said the resurgence of COVID-19 in Europe which has led to lockdowns and re-enforcement of restrictions and has caused...
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Oil Prices Rise Above $45/barrel For The First Time Since March
The price of Brent rose to a five-month high above $45 a barrel. This comes after a United States industry data showed a decline in the nation's stockpiles. This also...
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