Wednesday 19 October 2016

OIL AT $52 WILL HELP ECONOMIC RECOVERY - REWANE, OTHERS

crude oilAs the global crude oil benchmark continued to trade above the $50 per barrel mark on Tuesday, economic and energy experts said the price rally would help soften the recession rocking the country and support economic recovery.
 
They, however, described as more important the need to ramp up the nation’s crude oil production, which has been significantly disrupted by the recent upsurge in militant attacks in the Niger Delta.
 

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