Oil Prices Drop After Trump Extends Iran Deadline
Global crude oil prices fell sharply on Monday after Donald Trump announced a postponement of a deadline given to Iran regarding the reopening of the Strait of Hormuz. Market checks showed that Brent crude dropped by about 8 percent to $103.7 per barrel, while West Texas Intermediate crude declined by roughly 7 percent to $91.38 […]
Oil Prices Surge Past $100 as Petrol Tops N1,000 in Nigeria
Global crude oil prices climbed above $100 per barrel on Monday, pushing petrol prices in Nigeria past N1,000 per litre. Data from OilPrice.com shows that Brent crude rose by about 13 percent to $103.3 per barrel, while West Texas Intermediate increased by roughly 15 percent to $107.3 per barrel. The sharp rise in crude prices […]
