Again, Crude Oil Price Rises Over $100￼
On Sunday evening, Brent crude oil which Nigeria trades increased by $2.06 or 2.08 percent to close at $101.16 per barrel.
Meanwhile, The PUNCH on Wednesday reported that Brent sold at below $100 per barrel on Tuesday.
It was reported that the price of Brent fell by $7.72 or 7.21 percent to close at $99.38 per barrel as of Tuesday evening.
According to the global oil organization, Nigeria’s oil production in May stood at 1.024 million barrels per day while in June, it increased to 1.158 million barrels per day.