For the first time in 2021, oil price has risen to $71.28 per barrel in the international market.
This is coming on the heels of Thursday’s meeting where the Organisation of Petroleum Exporting Countries (OPEC) and other members resisted the pressure to increase production.
- Despite clocking 60: Accountant-General, FRSC boss still in office
- Buhari, Supreme Court mourn Justice Ngwuta
Brent oil was up $1.28, or two per cent, to $63.98 a barrel by 1050 GMT on Wednesday.
Norbert Rücker, an analyst at Swiss bank Julius Baer, on Wednesday, revealed that oil prices might push above $70 before mid-year.
“We see oil prices pushing temporarily above $70 by mid-year”
More details shortly …
Dear Reader,
Every day, we work hard to provide readers such as you with the most accurate, up-to-date, and comprehensive
information. Quality journalism costs money. Today, we're asking that you support us to do more. Your support
means that Daily Trust can keep offering journalism to everyone in the world.
sign up for as little as N1,000 to
become a member. Learn more about our membership here
Zenith Bank
1017257739
Media Trust Ltd
Please send details of your bank transfer to the email or Whatsapp number below so that we can contact you.
If you have any questions, please let me know.
Inquiries:Email: membership@dailytrust.com
Whatsapp: +234 806 990 3410
