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Ray of hope for Nigeria as EIA predicts spot prices at $52 per barrel for 2021

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The U.S. Energy Information Administration (EIA) has raised its Brent spot average and West Texas Intermediate (WTI) spot average prices for 2021, according to its latest short-term energy outlook (STEO) report. Spot prices in the international market determine to a great extent what the future price of crude oil per barrel would be This is,…

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