Brent crude oil prices on marginal decline, close at $68.71/pb 

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Prices of Brent crude dipped 1.08% to close at $68.71 per barrel .

It had reached $70 earlier on Tuesday, reaching the highest level in two months before pulling back to settle at $68.71.

The increase was attributed to the general belief that economic activities would be revived globally, coupled with the oil demand recovery.

Meanwhile, Royal Dutch Shell has revealed that it does not see its upstream oil operations in Nigeria as compatible with its strategy to become a net-zero energy business.

The CEO, Ben Van Beurden, stated that the balance of risks and rewards associated with the company’s onshore portfolio was no longer compatible with the company’s strategic ambitions.

Brent crude dipped by 1.08% to close at $68.71 per barrel, OPEC Basket grew by 2.06% to close at $67.52, while Bonny Light gained 0.35% to close at N68.22/$.

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Francis Ogwo
The young and goal driven writer and cinematographer started his journalism as a print journalist in Kaduna in 2005 writing for Kaduna Chronicles Newspapers, Liberator Newspapers where he became the South Bureau Chief. In 2008, he moved into TV production with an employment into Siverbird Television and Rhythm Fm as a Correspondent. He got certified by Independent Television Producers Association of Nigeria(ITPAN) in 2009. After five years of hardwork and training, he was employed as Associate Producer, Moments With Mo and subsequently Producer, Playground on HipTV. Francis currently majors in documentaries and high profile scripts for news and movies. He is currently a Senior Contents Producer at News Central TV

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