Oil prices are racing towards seventy dollars a barrel on the back of forecast of a balanced global oil market in the new year according to traders.
The internationally traded Brent is at $66.74 while the US grade is trading at a higher level of $59.79 after Iraq’s Oil Minister Jabbar Al-Luaibi
```
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.
```
BusinessDay
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more