Friday 20 November 2015

OIL PRICE CRASH DIPS NIGERIA'S REVENUES BY N11.96BN IN TWO DAYS

Nigeria’s crude revenues dipped by N11.96 billion in the last two days as prices of oil, country’s cash cow, dipped below $40 a barrel at the global market.

This came as experts declared in two separate reports on Thursday that tougher times were still ahead for prodigal members of Organisation of Petroleum Exporting Countries (OPEC), stating that the commodity, which they depend on, could fall further to $30 per barrel in 2016.

Read more @ New Telegraph

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