Tuesday 3 January 2017

OIL PRODUCING SAUDI ARABIA AND MEXICO PLAN FUEL PRICE HIKES AS NIGERIA DIGS IN


Saudi Arabia and Mexico will ditch artificially low petrol costs this year, as the increase in international oil prices combine with strained public finances to make it too expensive to maintain artificially low prices. This is in contrast to Nigeria, which has since resisted calls to review an eight-month old petrol price template.

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