Stella Dimoko Crude Oil Price Is On A Steady Rise


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Monday, March 08, 2021

Crude Oil Price Is On A Steady Rise



  1. Meaning we should expect another round of fuel increase again as it goes for #170/per litre now. This country sef

  2. All the doom and gloomsayers will turn a blind eye on this good news.
    Last year, they said covid has crashed the oil price for good.

  3. Okay but it’s not reflecting on the Naira/Dollar exchange rate.

  4. please they should reduce fuel price

    1. Fuel price will increase instead. We all called for removal of subsidy, so the fuel price will fluctuate as crude price increases on decreases

  5. You see, this will only last for a short period. Opec+ purposely made the price skyrocket by limiting the number of barrels sold on a daily basis so as to get maximum price increase from crude within a short time. It will soon get to a point where the US will start selling it's oil due to the increase in price which will make the price will crash down again.

  6. Not surprising considering that COVID-19 paused a lot of developments on alternate sources of energy as first world countries were battling for survival.

  7. will a sustained increase affect the dollar cos I still changed dollars last week for 475..I no sabi economics oh


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