OPEC daily basket price now $108.81 per barrel

The Organisation of the Petroleum Exporting Countries (OPEC) price for a basket of 13 crude oil samples stood at $108.81 per barrel as of Thursday.
According to OPEC Secretariat calculations released on Friday, this is compared with $107.97 per barrel the previous Wednesday.
The OPEC Reference Basket of Crudes (ORB) is made up of the Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon) and Iran Heavy (Islamic Republic of Iran).
Others were Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

States
Tinubu lauds rescue of Oyo pupils, teachers; vows justice for victims
Mr Tinubu vowed to get justice for the victims, including the mathematics teacher, murdered while in captivity.

Ibadan
Oyo Abduction: Eight suspects arrested, several killed, presidency says
The presidential aide noted that the victims were rescued without any concessions to the perpetrators.

Education
Ondo varsity lecturers begin indefinite strike over unpaid salaries
The strike action commenced following the resolution reached at the union’s congress on Friday over the non-payment of May and June salaries.

States
Vandalism of national assets attracts 25-year jail term, NSCDC warns
The NSCDC commandant explained that vandalising national assets affects national security, the economy, and human lives.

States
Police arrest two suspected kidnappers in Kwara
The suspects were identified as Sauni Shehu and Auwalu Bala.

Economy
Gas for Africa, NNPC unveil first updated Nigeria gas, power infrastructure map
Bayo Ojulari, group chief executive officer of NNPC Limited, said the map highlights investment opportunities across Nigeria’s gas value chain.





