OPEC oil price now $123.21 per barrel
The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples stood at $123.21 per barrel Thursday.
This is compared to $121.54 per barrel recorded on Wednesday.
This is according to the OPEC Secretariat calculations obtained on Friday.
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 are 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
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.”
Rights
Lawyer sues NERC, AEDC over electricity tariff hike
He argued that the alleged fixing of tariffs using U.S. dollars in Nigeria is uncalled for and against public policy.
Politics
Kogi Guber: Tribunal adjourns hearing until May 13
The petitioners are challenging Mr Ododo’s victory in the November 11, 2023, governorship election in Kogi.
Agriculture
FG distributes concentrates to cattle farmers affected by 2022 floods in Plateau
The director urged the farmers to use the palliatives wisely, adding that they were meant to assist them in boosting their production.
NationWide
Nigeria’s Gbenga Agboola named vice chairman, U.S. Chamber of Commerce’s Africa Business Centre
The U.S. Chamber of Commerce’s Africa Business Centre said Flutterwave’s commitment to strengthening U.S.-Africa ties was the catalyst for Mr Agboola’s appointment.
NationWide
Nigerians must support Tinubu as he ‘works hard’ to address country’s challenges: Governor Ododo
The governor said Mr Tinubu was aware of the strategic implications of any breach of security in Kogi as a gateway state to the North and the South.
Education
We are open to public scrutiny, NELFUND tells Nigerians
The managing director said that NELFUND, under his watch, would not deviate from its sole mandate of giving as many loans as possible to Nigerians in need of them.