Fuel price hike: Global oil prices increase by nearly 4%
Why This Matters
Key context: <img width="2048" height="931" src="https://dailypost.ng/wp-content/uploads/2020/05/crude-oil-scaled.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" decoding="async" loading="lazy" srcset="https://dailypost.ng/wp-content/uploads/2020/05/crude-oil-scaled.jpg 2048w, https://dailypost.ng/wp-content/uploads/2020/05/crude-oil-300x136.jpg 300w, https://dailypost.ng/wp-content/uploads/2020/05/crude-oil-1024x465.jpg 1024w, https://dailypost.ng/wp-content/uploads/2020/05/crude-oil-1536x698.jpg 1536w" sizes="auto, (max-width: 2048px) 100vw, 2048px" /><p>Global oil prices surged by nearly 4 percent on Wednesday amid continued airstrikes in the Middle East. Brent crude increased by 3.75 percent to $94.42 per barrel, while West Texas Intermediate, WTI rose by 3.55 percent to $87.33 per barrel. The increase was driven by heightened threats to shipping at two key chokepoints in the region: the […]</p> <p><a href="https://dailypost.ng/2026/07/22/fuel-price-hike-global-oil-prices-increase-by-nearly-4/">Fuel price hike: Global oil prices increase by nearly 4%</a></p> This development from dailypost.ng highlights ongoing changes in the sector.
Global oil prices surged by nearly 4 percent on Wednesday amid continued airstrikes in the Middle East. Brent crude increased by 3.75 percent to $94.42 per barrel, while West Texas Intermediate, WTI rose by 3.55 percent to $87.33 per barrel. The increase was driven by heightened threats to shipping at two key chokepoints in the region: the […] Fuel price hike: Global oil prices increase by nearly 4%
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