Crude oil prices remain below $100

Crude lipid prices remained beneath $100 per tube connected Sunday.

A DAILY POST marketplace survey showed that Brent crude and West Texas Intermediate, WTI, crude stood astatine $98.32 and $90.83 per barrel, respectively, astatine the clip of filing this report.

Although crude lipid prices recorded flimsy gains, they had remained firmly beneath $100 per tube pursuing the US midterm elections.

Recall that the Democrats defeated US President Donald Trump's Republican Party to regain power of some the House of Representatives and the Senate.

Trump had linked his party's nonaccomplishment to the Iran warfare and soaring gasoline prices, though helium said the ruling enactment would rotation backmost its losses.

DAILY POST reports that since February this year, the warfare involving Iran, the US and Israel has persisted, resulting successful fluctuations successful crude lipid prices, which person impacted home gasoline prices crossed respective economies, including Nigeria.

While home substance prices dropped successful the latest week, they remained comparatively high, ranging betwixt N1,325 and N1,420 per litre successful Abuja and its environs.

Crude lipid prices stay beneath $100