Drop in US Oil Supplies Pushes Bonny Light to $70 per Barrel

Drop in US oil supplies pushes Bonny Light to $70 per Barrel Nigeria’s premium crude, Bonny Light, has climbed to $70 per barrel, up from about $68. The move was sparked by a drop in U.S. distillate inventories, which tightened global fuel markets and nudged crude benchmarks higher…
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