Brent Oil Jumps To Four-Year High Near $81

Brent oil soared Monday close to $81, reaching the highest level since November 2014 after OPEC and other global producers snubbed pressure from US President Donald Trump to lower prices.

At 0840 GMT (9:40am Nigerian time), Brent North Sea crude for delivery in November soared as high as $80.94 per barrel.

The contract later stood at $80.69, up $1.89 from Friday’s close.

Check Also

Navy Confiscates 1,800 Litres Of AGO In Lekki

A Nigerian Navy crackdown on illegal trade and movement of petroleum products has led to the confiscation of 1,800 litres of suspected illegally acquired Automotive Gas Oil (AGO) at lekki in Lagos.

Social Media Auto Publish Powered By : XYZScripts.com