Business
Oil price rises above $105 a barrel ahead of OPEC+ meeting
Global oil price surpassed $105 a barrel ahead of the meeting of the Organisation of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, known as OPEC+.
Today, Brent Crude futures settled up 7.35 percent to $105.66 a barrel, at 16.30 GMT+1.
West Texas Intermediate Crude futures proportionally gained 7.54 percent to $103.32 a barrel.
OPEC and its allies adopted a production cut system to prop up prices and prevent an oversupply in the global oil market.
Tomorrow, OPEC+ will meet to discuss oil output for April amid the Russia-Ukraine conflict.
Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.
She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others
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