Oil Prices Rebound On Fears Suez Canal Blockage May Last Weeks

Nigeria’s Economy Grows 0.51% In Q1 2021 On Oil Recovery

Brent crude, the international benchmark, increased 4.36 per cent, to $64.67 per barrel on Friday Oil prices surged more than four percent on Friday, over mounting fears that it will take weeks to refloat Ever Given, a mega-container ship stranded in Egypt’s Suez Canal. Brent crude, the international benchmark, increased 4.36 per cent, to $64.67 … Read more

Oil Prices Surge Amid Fear Of Prolong Suez Canal Blockage

Ships

Brent crude increased 4.36 per cent, to $64.67 per barrel at 18:17 GMT on Friday, blockage is delaying an estimated $9.6 billion (N3.93 trillion) of goods per day. Oil prices surged more than four percent on Friday, over mounting fears that it will take weeks to refloat Ever Given, a mega-container ship stranded in Egypt’s … Read more