Oil Rally Pushes Nigerian Crude Toward $100, But It Spells Trouble At Home As Fuel Prices Rise

Tekedia | 09-03-2026 01:48am |

The global oil market is approaching a critical tipping point, with Nigeria’s flagship crude grade projected to move toward $100 per barrel as geopolitical tensions disrupt supply routes and jolt energy markets. Nigeria’s Bonny Light crude oil recently traded above $90 per barrel, rising roughly one-third within the week. The surge mirrors gains in Brent

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