BREAKING: Crude oil hits $115 per barrel, highest since 2022

Brent crude has surged to $115 per barrel, portion West Texas Intermediate accrued to $103 per tube connected Wednesday.
Checks by DAILY POST connected planetary lipid prices showed that some Brent and WTI crude prices roseate by implicit 3 percent connected a day-to-day basis.

The Brent astatine $115 per tube is the highest since 2022, according to vigor marketplace terms data.
The upsurge successful planetary lipid prices comes aft the United Arab Emirates announced its exit from the Organization of the Petroleum Exporting Countries, a large lipid block.

The UAE’s exit from OPEC is coming astatine a clip the satellite is grappling with a much than two-month-old warfare successful the Middle East.
DAILY POST reports the latest hike successful planetary lipid prices poses a imaginable home substance terms summation successful Nigeria.

As of Wednesday morning, substance prices person remained unchangeable betwixt N1,290 and N1,310 per liter successful Abuja.

BREAKING: Crude lipid hits $115 per barrel, highest since 2022