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

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Admin

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

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Adewale Stock

Adewale Stock

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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.
 
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Admin

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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
 
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Godspower

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Apr 21, 2020
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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...
 
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Godspower

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Apr 21, 2020
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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

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Apr 15, 2020
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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.
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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.
 
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Godspower

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Apr 21, 2020
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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.
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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.
 
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