Crude oil price rose to over $121 per barrel as the increasing price of diesel, persists in Nigeria, with the average cost of the product selling for N780 per liter.
The international benchmark, Brent crude, hit $122.20 per barrel, the highest in months and about a $100 per barrel increase from March 2020, representing an increase of $120.50 per barrel that it sold on Monday.
The high cost of the product is worsened by the ongoing Russia-Ukraine war.
MRS slashes diesel price to N1,050 per litre
Dangote Refinery’s recent price slash, MRS Oil Plc, a major oil marketing company, yesterday, reduced the price of its diesel...
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