Brent, the global benchmark for crude oil, rose marginally in price on Thursday, as the Organisation of Petroleum Exporting Countries projected that the demand growth for oil would continue this year. Industry figures showed that Brent moved up by $0.77 or 0.72 per cent to $107.57/barrel at about 7.13pm Nigerian time. It had traded around 106.8/barrel the preceding day. In its statement to the International Monetary and Financial Committee meeting of ministers and governors for April 2022 and released on Thursday, OPEC stated that oil prices had been on the…
Read MoreOil price rises as OPEC projects steady demand growth
