OPEC+ is preparing to increase production in a period demand picks
There appears to be no respite in sight for oil producers, as the volatility and continuous price slump in the global oil market continue.
Bonny Light, dropped to about $12 - $13 a barrel this week, according to oil traders following the West African energy market.
Of all recent government policies the recent closure of the border with the Republic of Benin to goods is having the most immediate effects on prices.