Nigeria's crude oil grade prices in the international market surged amid the death of Iranian President, Ebrahim Raisi. According to market data, Brass River and Qua Iboe futures of Nigeria's oil recorded gains on Monday. Brass River, a sweet medium light crude, gained 0.70 per cent to trade at $86.
Nigeria's crude oil grade prices in the international market surged amid the death of Iranian President, Ebrahim Raisi. According to market data, Brass River and Qua Iboe futures of Nigeria's oil recorded gains on Monday. Brass River, a sweet medium light crude, gained 0.70 per cent to trade at $86.60 per barrel, while the Qua Iboe, a light sweet crude grade, also gained 0.70 per cent to trade at $86.60 per barrel. Meanwhile, US WTI and Brent crude stood at $79.96 and $83.
reports that the Supreme Leader of Iran, Ayatollah Ali Khamenei, on Monday declared Vice President Mohammad Mokhber the country's acting president following Raisi's death.
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