oil price benchmark

Senate recommends increase of oil price benchmark from $25 to $28 per barrel

Senate recommends increase of oil price benchmark from $25 to $28 per barrel

By Henry Umoru ABUJA – THE Senate on Tuesday recommended that the price of crude be increased to $28 per barrel as against the $25 per barrel proposed by the federal government. The Senate said the increase is imperative due to the recent upward trend of the crude oil market which, as at today, stood […]