JUST IN: Oil Price rises to $71.28 as OPEC, others work to achieve market stability

– By Godswill Odiong

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The price of oil has risen to $71.28 per barrel in the international market as the Organisation of Petroleum Exporting Countries, OPEC, and non-OPEC members work toward achieving market stability.

Before the 14th Meeting of OPEC and non-OPEC ministers, which took place via video conference on Thursday, March 4, 2021, the oil price had hovered at about $65 per barrel.

But the price of Brent started rising towards $70, before getting to the current level on Monday, March 8, 2021.

.Details coming soon

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