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Pan Ocean Oil Corporation

Oil prices steady as DPR revokes six oil licences

Michael Ajayi Brent crude futures were up 13 cents to $60.76 a barrel on Thursday, while U.S. West Texas Intermediate crude futures gained 2 cents to $51.70 a barrel. This is even as Department of Petroleum Resources (DPR) has revoked five Oil Mining Licences and one Oil Prospecting Licence belonging to five companies. After falling […]