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Nairaland Forum / Nairaland / General / Business / Goodnews: Oil Hits All Time High In 2016 At Over $43 Per Barrel (539 Views)
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Goodnews: Oil Hits All Time High In 2016 At Over $43 Per Barrel by THEWRITERSMIND: 2:16pm On Mar 19, 2016 |
Oil price at the international market jumped above $42 a barrel on Friday, March 18, hitting its highest in 2016 and extending a rally into a fourth week on the possibility of a production freeze by major exporters. Brent crude’s front-month contract LCOc1 was up at $42.44 a barrel while U.S. crude CLc1 gained 84 cents to $41.04 a barrel after rising as high as $41.13. The benchmark had soared by 4.5 per cent to close the previous session at $40.20. Oil prices have surged by more than 50 per cent from 12-year lows reached in December. The rise came about as the Organization of Petroleum Exporting Countries (OPEC) floated the idea of a production freeze, boosting brent from about $27 and U.S. crude from around $26. http://www.financialwatchngr.com/2016/03/19/oil-hits-time-high-2016-43-per-barrel/ |
Re: Goodnews: Oil Hits All Time High In 2016 At Over $43 Per Barrel by MisterGrace: 2:17pm On Mar 19, 2016 |
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Re: Goodnews: Oil Hits All Time High In 2016 At Over $43 Per Barrel by baralatie(m): 2:23pm On Mar 19, 2016 |
PMB go dance bata dance |
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