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|Nigeria’s Bonny Light Hits A Record $95 Per Barrel by eddie7: 10:18am On Feb 05|
For the first time in seven years, the price of Bonny Light, Nigeria’s premium oil grade, has risen to $95 per barrel, indicating $33 in excess of the $62 per barrel 2022 budget benchmark.
The budget was also based on the production of 1.8 million barrels per day, bpd, including about 400,000 barrels of Condensate that Nigeria produces daily.
BREAKING: Nigeria’s Bonny Light hits a record $95 per barrel
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