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Bonny Light price leaps to $92.24 per barrel on positive forecast

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A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc

THE positive forecast of the Organisation of Petroleum Exporting Countries, OPEC, may have driven the price of Nigeria’s Bonny Light to $92.24 per barrel in the international market.

Despite oil cuts by Saudi Arabia and Russia, prices had dropped below $85 per barrel last week, after climbing toward $100 per barrel for weeks.

 

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