The crude oil market closed on a positive note, rising to a record high as Brent Crude closed at $85.88 per barrel.
The price recorded on Monday indicates a 0.94% decline.
However, West Texas Intermediate (WTI) gained 1.55% to close at $84.25 per barrel, while the OPEC Basket dipped marginally by 0.07% to close at $83.48 per barrel.
Bonny Light also gained 0.45% to close at $84.36 per barrel on Wednesday.
The other Nigerian crudes, Brass River and Qua Iboe, both traded negative with 0.25% each to close at $4 per barrel on Wednesday.