Nigeria’s most-priced crude oil grade, Bonny Light gained 4 percent in March 2021, according to OPEC data.

The crude grade which had traded at $61.91 per barrel in January rose to sell at $65.57 per barrel in March.

Brent international traded at $65.41 in March.

Newly released Monthly Oil Market Report, MOMR for May by the Organization of the Petroleum Exporting Countries, puts Bonny Light on the number four spot to have traded at a higher price in March among OPEC’s 13th crude basket.

The crude grade which had traded at $61.91 per barrel in January rose to sell at $65.57 per barrel in March.

Brent international traded at $65.41 in March.

Newly released Monthly Oil Market Report, MOMR for May by the Organization of the Petroleum Exporting Countries, puts Bonny Light on the number four spot to have traded at a higher price in March among OPEC’s 13th crude basket.

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Source: SweetCrudeReports