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Tag Archives: Nigeria’s Bonny Light

Oil Price Rises To $92.79 On Output Cut, May Hit $107

THE price of Nigeria’s Bonny Light, weekend, rose to $92.79 per barrel, from $90.88 per barrel, recorded last Tuesday as the impact of extended output cuts hit the market. Russia extended its voluntary crude oil export cut by 300,000 barrels daily until December 2023, while Saudi Arabia extended its 1 million …

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