Global oil prices traded above $50 per barrel for the first time since March after the release of COVID-19 vaccines offset a huge rise in US crude inventories that showed there was still ample supply available.
Brent, used to price two-thirds of the world’s oil, rose over 3.4 percent on Thursda
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
Oladehinde Oladipo
Dipo Oladehinde is a skilled energy analyst with experience across Nigeria's energy sector alongside relevant know-how about Nigeria’s macro economy.
He provides a blend of market intelligence, financial analysis, industry insight, micro and macro-level analysis of a wide range of local and international issues as well as informed technical rudiments for policy-making and private directions.