OPEC daily basket price now at $104.85 per barrel
The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples stood at $104.85 per barrel as of Monday, August 29.
This is compared with $103.89 per barrel the previous Friday, according to OPEC Secretariat calculations released by the regulator on Tuesday.
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), Iran Heavy and (Islamic Republic of Iran).
Others are Basrah Medium (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.”
Showbiz
CBAAC, Swiss archive partner to preserve Africa’s film heritage
CBAAC has signed a partnership with the Cinémathèque Suisse (Swiss National Film Archive) to preserve and digitise Africa’s audiovisual heritage.
Health
Yobe govt approves enrolment of retirees in health insurance scheme
The Yobe government has approved the enrolment of state and local government retirees into its health insurance scheme.
Education
Niger govt bans graduation ceremonies in private schools
The Niger Private Schools Board has discontinued graduation ceremonies in all private schools with immediate effect.
Abuja
Court sentences notorious bandit’s ally to 20 years’ imprisonment
The court convicted Muhammad Sani, arrested and prosecuted by SSS, for concealing information that could have led to the arrest of a notorious bandit.
Abuja
Social media won’t fetch Tinubu 10 million votes in 2027 election: City Boy Movement
“Ten million votes will not come from slogans or social media. They will come from real people, real members, real engagement and hard work,” CBM’s chief said.
States
SGBV: Abia child molesters convicted, sentenced to 40 years’ imprisonment
Two Abia child molesters have been convicted and sentenced to 30 years and 10 years’ imprisonment, respectively.
