…As OPEC cuts output by 500, 000 bpd
…Showing $8.47 excess oil revenue
THE price of Bonny Light, Nigeria’s premium oil grade, has risen from $63.00 to $65.47 per barrel as the Organisation of Petroleum Exporting Countries, OPEC, cuts output by 500,000 barrels per day, bpd.
More details later…
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