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NIGERIAN CRUDE PRICE

Energy

Bonny Light settles near $70 mark as India buys Nigerian crude

Nigerian crude prices rose on Monday after Ukraine stepped up attacks on Russia, fanning concerns that Russian oil supply could be disrupted, and expectations for a cut in U.S. interest rates buoyed the outlook for global growth and fuel demand.

Olumide Adesina · Aug 25, 2025 4 min