Oil Price Hits 4-month High Above $40 - Business - Nairaland
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| Oil Price Hits 4-month High Above $40 by ijaw1stson: 2:31pm On Apr 12, 2016 |
The crude prices rose to a four-month high on Tuesday, April 12, ahead of a meeting of oil producers in Doha on Sunday, April 17. According to a report on Reuters, Brent crude prices rose to $43.06, on Monday, April 11, the highest level since December 7. The new rate comes as a welcomed development to the President Muhammadu Buhari led federal government as he had submitted a budget which pegged oil benchmark at $38per barrel. The oil producers meeting is aimed at freezing current output levels. https://www.naij.com/796461-goodnews-oil-price-hits-2016-high.html?source=index_main 1 Like |
| Re: Oil Price Hits 4-month High Above $40 by shafanik: 3:36pm On Apr 12, 2016 |
"The Stone Age did not end for lack of
stone, & the oil age will end long before the
world runs out of oil" - Yamani |
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