Oil prices fell on Tuesday, with Brent crude dropping below $100 per barrel as recovering Middle East exports and the release of emergency stocks by Group of Seven countries eased concerns over global supply. Brent crude oil, the international benchmark for Nigerian crude oil, declined 83 cents, or 0.8 percent to $99.49 per barrel at […]
Despite the persistent geopolitical tensions, oil prices ended in decline on Monday, reassured by strong exports and the prospect of the release of strategic stocks.
Oil and gold declined with market assessments of the strength of Middle East exports and risks of supply disruption, with Brent falling to $99.84 and gold to $4132.44 per ounce.