Crude oil price reached new low, below $15 dollars per barrel

  • Weekly Giveaway for our active users. N50,000 per Week. Do you want to contribute to this community? We are looking for contribution? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing Nigerian forum!
A

Admin

Administrator
Staff member
Apr 5, 2020
1,137
166
63
3972571d-c53a-4998-9d86-87b2963dff5e-jpeg.19


Nigeria is in big trouble with the new crude oil price. A barrel is now selling for under 15 dollars.
 

Attachments

  • 3972571D-C53A-4998-9D86-87B2963DFF5E.jpeg
    3972571D-C53A-4998-9D86-87B2963DFF5E.jpeg
    44.3 KB · Views: 16
  • Like
Reactions: Melvin
Adewale Stock

Adewale Stock

Administrator
Apr 15, 2020
1,239
81
48
32
Femi Otedola is one smart guy, When we met 2 years when his daughter came to see me at Eko hotel, he spoke about the oil market. He said Oil is done and he would rather get in to technology and Energy. "Tech is the new oil". He sold Forte Oil shortly after. See what happening now. Dangote about commits suicide with this shit. He'll need billions to hold on to his refinery.
 
A

Admin

Administrator
Staff member
Apr 5, 2020
1,137
166
63
With oil barrel at negative dollar price. Nigeria may be in trouble. Our economy is oil dependent and now we should consider the oils worthless for the next couple of days
 
G

Godspower

Well-Known Member
Apr 21, 2020
463
296
63
27
Now i think we would know how united nigeria is
Admin said:
With oil barrel at negative dollar price. Nigeria may be in trouble. Our economy is oil dependent and now we should consider the oils worthless for the next couple of days
Click to expand...
 
G

Godspower

Well-Known Member
Apr 21, 2020
463
296
63
27
Adewale Stock said:
Femi Otedola is one smart guy, When we met 2 years when his daughter came to see me at Eko hotel, he spoke about the oil market. He said Oil is done and he would rather get in to technology and Energy. "Tech is the new oil". He sold Forte Oil shortly after. See what happening now. Dangote about commits suicide with this shit. He'll need billions to hold on to his refinery.
Click to expand...
Yea its true that tech is the new oil mine but we can underlook the importance of oil today because a source of energy that will total take oil out is not yet in sight.
 
Adewale Stock

Adewale Stock

Administrator
Apr 15, 2020
1,239
81
48
32
Godspower said:
Yea its true that tech is the new oil mine but we can underlook the importance of oil today because a source of energy that will total take oil out is not yet in sight.
Click to expand...
So what will Dangote do now? he just started building his oil refinery and he may be accruing top million of dollars in losses daily already.
 
G

Godspower

Well-Known Member
Apr 21, 2020
463
296
63
27
Adewale Stock said:
So what will Dangote do now? he just started building his oil refinery and he may be accruing top million of dollars in losses daily already.
Click to expand...
Crude oil is still very important. After the lockdown u would see that tho. Oil price fall is only because of its obvious low useage.
 
You must log in or register to reply here.
Top Bottom