Oil Price Peaks At $92p/b As Nigeria Struggles With Oil Theft

The oil price rose to $92.28 a barrel early on Wednesday, but Nigeria will not benefit from the increase since it continues to produce below its Organization of Petroleum Exporting Countries (OPEC) quota. Brent Crude was trading at $91 a barrel on Tuesday, but it surged on the strength of a renewed vow by Saudi … Continue reading Oil Price Peaks At $92p/b As Nigeria Struggles With Oil Theft