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Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis - Business - Nairaland

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Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by HonNL: 10:26am On Feb 22, 2022
Global oil price rose towards $100 per barrel on supply disruption worries as tensions between Russia and Ukraine escalated.

The development is coming after Moscow ordered troops into two breakaway regions in eastern Ukraine.

Brent crude futures rose 3.82%, to $99.03 a barrel at 09:10 GMT+1 on Tuesday, the highest since August 1, 2014.

U.S. West Texas Intermediate (WTI) crude futures jumped $4.79% to $95.86 a barrel versus Friday’s settlement.

SOURCE
Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by Bombzy(m): 10:46am On Feb 22, 2022
Ok
Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by Oluwatested: 10:46am On Feb 22, 2022
Okay
Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by Poopypants: 10:46am On Feb 22, 2022
So Russia is finally doing that thing that they said was “Western propaganda”. Big surprise. And yet some stupid Nairalanders kept saying the US was using propaganda. Never you take this website or people here serious , they are a bunch of ignorant ones. Go to other forums and have decent, meaningful conversations with people , this particular website, breeds morons.

78 Likes 7 Shares

Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by Sunofgod(m): 10:46am On Feb 22, 2022
Putin causing worldwide inflation.....it is well.

2 Likes

Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by FERNANDEZISBACK: 10:47am On Feb 22, 2022
Russia economy might go down the drain bit by bit..
Russia is a country that's still struggling economically so tell me what the fuss is all about..
Let's watch and see.. cheesy

4 Likes 2 Shares

Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by Aidejay(m): 10:47am On Feb 22, 2022
People Trading Oil And Other Oil Related Commodities Will Be Jubilating Now. Cash Out Season. Could This Even Last? Can Oil Reach All The Time Price Of $146?

The Sad Thing Is Even If Oil Reach $1,000,000 Per Barrel, Nigeria Is Not Going To Develop.

39 Likes 3 Shares

Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by CLASSMAN: 10:47am On Feb 22, 2022
no more pdp sold oil for 100 dollars

51 Likes 5 Shares

Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by Nobody: 10:47am On Feb 22, 2022
cheesy Naija Right now grin grin grin

10 Likes 3 Shares

Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by Stevenson20: 10:47am On Feb 22, 2022
I don't even know the benefits of this oil to Nigerians.
Countries that doesn't have oil have peace of mind and good standard of living than us.

22 Likes 2 Shares

Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by AntonVince: 10:48am On Feb 22, 2022
When Brent Crude sold at a low price, they complained and endlessly vilified GEJ while harping on big earnings during his time.
It now sells at about $100/barrel now but it's still the same barrage of excuses. They are quick to latch on to subsidy payment to mask their gross incompetence/looting. This administration has already removed subsidy about 3 times yet plans are underway for a fourth "removal" while we are already buying PMS at an all-time high price of N180.

They have increased VAT, electricity tariff, customs duty, imposed stamp duty charges on bank accounts, even electronically purchased goods/services are now taxed, yet the economy keeps going downhill while the masses sink even deeper into abject poverty.

Did GEJ not pay more subsidy? So how did he manage to sell fuel at N87 and keep our economy afloat, with a single-digit inflation and a USD exchanging for N187?

I pity hapless Nigerians who do not know that every single day this satanic government spends in office takes us even further from the prospect of economic liberation.

41 Likes 5 Shares

Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by PresidentAtiku(m): 10:48am On Feb 22, 2022
Buharideens and all those APC M**keys always saying Jonathan enjoyed oil @about $100 per barrel without anything to show for it...

Oya ooooo food don done o

Oil is now $100 and rising...

Egg of N30 is now N80... Innocent egg fa, One tuber of yam of 150 during Jonathan is now 900

And this same party of demons keep saying they care for the common man... You take away his meal and claim to love him

You are someone's number 1 enemy when you make it hard for him to feed...

A NEW AGE HAS BEEN COINED IN NIGERIA.. ANYTHING BEFORE 2015 IS BC(Before Change)

For EG, 50KG bag of rice was N7,500 in 2014 BC

30 Likes 2 Shares

Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by Typicool8(m): 10:48am On Feb 22, 2022
The end is near

1 Like

Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by Quelme: 10:48am On Feb 22, 2022
Putin my man!!! Just one man fucking and raping the West at the same time!!!

3 Likes 1 Share

Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by Emir01: 10:48am On Feb 22, 2022
Great news to oil producing countries.
Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by Geniuelander: 10:49am On Feb 22, 2022
Putin ma man grin grin grin cheesy cheesy wink

5 Likes

Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by PrinceOfLagos: 10:49am On Feb 22, 2022
CLASSMAN:
no more pdp sold oil for 100 dollars

No more APC excuse again na

2 Likes

Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by htdot: 10:49am On Feb 22, 2022
You think you will ever experience any improvement of the standard of living... As far as this wicked evil man with in his wicked cohorts are still at the state of affair, it will only reflect in their account and not in the lives of the ordinary citizen.
Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by Bigchristo: 10:49am On Feb 22, 2022
HonNL:


SOURCE
Oil prices is $100 at least this Favour’s our government, no one should come and talk trash again about PDP sold crude for $100 now the equation is balanced.

4 Likes

Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by quisera(m): 10:50am On Feb 22, 2022
Buhari and his urchins will soon complain that the price is too high.... Nothing wey we no go see for this government

15 Likes 1 Share

Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by Oddfinder: 10:50am On Feb 22, 2022
Nigirians, be prepared to buy fuel at higher rates
The buhari economists have made us believe that rise in crude prices is directly proportional to the rise in petrol locally shocked

2 Likes

Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by iLegendd(m): 10:50am On Feb 22, 2022
Even as a Niger Deltan, I pray for our oil to run dry so that Nigeria will grow. Overdependence on oil causes stagnation.

At least, the rise will make APC temporarily reduce their blame game.

7 Likes

Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by Nobody: 10:50am On Feb 22, 2022
Bad news for Nigeria

1.It would make us more and more dependent on oil.

2.Even then it is not enough

3.Our government won't be serious about diversification. Once oil goes up, Buhari and co will forget about diversification

4.It won't solve our fiscal issues. Not only is the price low, we have debts to pay off. And then we have to pay for subsides, especially petrol subsidy. Not much money would be left.
Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by Nobody: 10:50am On Feb 22, 2022
Sunofgod:
Putin causing worldwide inflation.....it is well.

Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by soberdrunk(m): 10:50am On Feb 22, 2022
Thanks Putin, keep putting more effort..... angry
Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by Tonygeesm(m): 10:51am On Feb 22, 2022
Even if it sold for $1000 one country will still remain useless

5 Likes

Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by Bustincole(m): 10:51am On Feb 22, 2022
Its time to reset this world

1 Like

Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by Mooh247: 10:53am On Feb 22, 2022
This is why Americans love war

1 Like

Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by nuland(m): 10:54am On Feb 22, 2022
The Russia/Ukraine Tension doesn't look like ending In the next 6 months cosbi don't see NATO blocking Ukrainian Membership bid neither do I see Ukraine withdrawing that application.
To Nigeria, its going to be a Boom in Crude Oil Earnings.
Will the Ordinary Nigerian Citizen benefit? Time will tell!

1 Like

Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by 9jayes: 10:54am On Feb 22, 2022
Mooh247:
This is why Americans love war

It favors 9ja too

1 Like

Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by nuland(m): 10:54am On Feb 22, 2022
nuland:
The Russia/Ukraine Tension doesn't look like ending In the next 6 months,I don't see NATO blocking Ukrainian Membership bid neither do I see Ukraine withdrawing that application.
To Nigeria, its going to be a Boom in Crude Oil Earnings.
Will the Ordinary Nigerian Citizen benefit? Time will tell!
Re: Oil Price Nears $100 A Barrel Amid Russia-ukraine Crisis by uchelouis45(m): 10:54am On Feb 22, 2022
Ok

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