oil subsidies
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Nigeria to Cut Petrol Subsidies in 2016 amid Oil Production Drop
Wednesday, 16th December 2015
Nigeria plans to reintroduce the old petrol price of $0.49 (N97) per liter in 2016 in line with the country's policy to cut oil subsidies amid the global oil price slump.
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Monday Minutes: Economic Snapshot
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Loading ...| Commodity CMDTY | Units | Price | Change |
| Crude Oil (WTI) WTI | USD/bbl | 83.42 | +1.39% |
| Crude Oil (Brent) Brent | USD/bbl | 85.71 | +1.00% |
| NYMEX Natural Gas | USD/MMBtu | 5.11 | -5.51% |
| OPEC Basket Price | USD/bbl | 82.50 | +0.87% |
Last Modified October 18, 2021