Brent oil prices soared to a near 14-year high of $140 on Sunday as traders fretted over the fallout from Russia’s invasion of Ukraine.
New York’s benchmark West Texas Intermediate oil also soared Sunday to $130.50 per barrel for April delivery. It, too, then dropped slightly over the next hour and a half. US Secretary of State Antony Blinken said Sunday that Washington was in “active discussions” with European nations about banning Russian oil imports as further economic penalty against Moscow, although he stopped short of announcing an outright boycott.
Funny enough Nigeria government is not happy while all other oil producers are happy. If not for fuel subsidy, we would have seen another excess like the Gulf War Era....
IsaIbraheem
If only this opportunity would be managed well....this is a chance for Nigeria to bounce out of poverty
For serious country this is a good news but for Nigeria is a bad news all because of debt and Loan
Yet, our insensitive govt will still borrow and blame their incompetence on the past leaders including Lord Lugard. Awon wereh!
Government will still give excuses
No more excuses
I follow back immediately
They should End fuel subsidy and increase minimum wage immediately if we are to profit from this Osinbajo osibanjo ProfOsinbajo
This oil boom means a lot of economic growth and development if properly handle
Buhari and Nigeria take note
Is it a good or a bad thing
$153/b will come to fruition!
What are the pros and cons as it impacts the masses in Nigeria🤔