Business
Oil prices drop below $100 a barrel — lowest in three months
Oil prices fell below $100 a barrel amid fears of a global recession outweighed supply concerns.
On Wednesday, Brent Crude, the global oil benchmark, dropped 3.28 percent to trade at $99.40 a barrel — the first time since February 20, 2022.
West Texas Intermediate (WTI) crude plunged 4.21 percent to $95.31 a barrel.
The development comes as Goldman Sachs, on Wednesday, attributed the fall in the price of the commodity to growing recession fears.
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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