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’Femi Asu Global oil benchmark, Brent crude, jumped above $57 per barrel on Monday after 11 non-members of the Organisation of Petroleum Exporting Countries, including Russia, agreed to cut their production by 558,000 barrels per day. Brent, against which Nigeria’s oil is priced, soared to $57.89 a barrel, the highest since July 2015, before falling […]
The post Oil jumps to 18-month high on output deal appeared first on Punch Newspapers.
Source: Punch News