Nigeria's Brent Crude Hits $73.79 Per Barrel

20 April 2018

An improvement in Nigeria's oil earnings is on course as prices held firm on Friday near three-year highs reached earlier this week as ongoing Organisation of Petroleum Exporting Countries (OPEC)-led supply cuts, as well as strong demand, gradually draw down excess supplies.

According to the News Agency of Nigeria (NAN), Brent crude oil futures were up at $73.79 per barrel at 0440 GMT. U.S. West Texas Intermediate (WTI) crude futures down 2 cents at $68.40 a barrel.

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