May 20, 2024
OIL MARKET: Panic as Brent price drops to $72.39 per barrel
BREAKING: Nigeria’s Bonny Light price hits $70.15 per barrel
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By Eyo Nsima
There was panic as the price of Brent, the global oil benchmark, dropped by over five percent to $72.39 per barrel, the first time since December 2021.

JUST IN: Oil market react as drones attack Saudi Arabian  facility
The price collapse which also affected other crudes started after the U.S. Energy Information Administration reported an inventory build of 1.6 million barrels for the week to March 10, 2023.
.Details coming later

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