As the nation awaits President Muhammadu Buhari’s ministerial list, the President on Tuesday said he would head the Ministry of Petroleum Resources.
Buhari dropped the hint in one of the interviews he granted one of the foreign media in his hotel shortly before departing New York.
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Oil prices rallied on Monday, with U.S crude up as much as 3 percent, amid a jump in gasoline prices and on concerns that U.S. oil output may slow as drilling steadily declines.
Gasoline futures on the New York Mercantile Exchange surged more than 3 percent after a fire was reported Saturday at a unit of Husky Energy’s 155,000 barrel-per-day refinery in Lima, Ohio.
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