The prices of crude oil rose on Monday after the Organisation of Petroleum Exporting Countries (OPEC) announced surprise cuts in monthly output.
OPEC on Monday announced a cut in output at the 48th meeting of the Joint Ministerial Monitoring Committee (JMMC), according to a statement released by the organisation.
Checks by PREMIUM TIMES Monday morning showed that Brent crude traded at $84.53 a barrel as of 1115 GMT, up $4.64, or 5.8 per cent, after touching the highest in a month at $86.44.
NigeriaDNA is a Direct News source that delivers the latest news, buzz, and stories from some of Nigeria’s most popular and trusted news websites. NigeriaDNA facilitates this by publishing headlines linking to breaking news and curated snippets from a diverse range of Nigerian credible, independent, and public-interest news sources. Our editors make it easy for Nigerians abroad and diaspora to discover top news stories in real-time as they're posted and directly linked to Nigeria's authoritative News Sources.
© 2024 All Rights Reserved | Curated and Powered by Nigeria DNA
