OIL MARKET: Anxiety as prices surge to $90.92 per barrel
By Eyo Nsima
The prices of crudes have surged to $90 per barrel in the international market, due mainly to inventory concerns in the United States.
Specifically, the price of Murban, Brent and Bonny Light hit $90.92, $88.65 and $88.35 per barrel over falling inventory levels.
According to the Energy Information Administration, EIA, the inventory dipped another 10.6 million barrels for the week ending August 25, 2023.
. Details coming later