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Africa

Africa: Middle East War – Anxiety Mounts As Oil Price Hits $100 Per Barrel

eriinfo.com3 weeks ago024 mins

There is anxiety that Nigerians may continue to pay more for Premium Motor Spirit, PMS, also known as petrol alongside Automotive Gas Oil, called diesel as the price of crude oil rose to above $100 per barrel, yesterday. Many Nigerians had looked forward to lower fuel energy cost, following a drop on Wednesday to $92,…

Africa

Africa: Oil Prices Soar Above $100 Per Barrel As Us/Israel War On Iran Disrupts Supply

eriinfo.com3 weeks ago05 mins

Global oil prices have surged past $100 per barrel for the first time in over five years as the escalating conflict involving the United States, Israel and Iran disrupts supplies through the Strait of Hormuz. The price of Brent crude has jumped to $109.18 per barrel, crossing the $100 mark for the first time in…