Nigeria’s crude oil Bonny Light surged to $87.86 per barrel in March 2024 from $85.65 per barrel in the previous month, according to the Organization of Petroleum Exporting Countries. OPEC disclosed this in its Monthly Oil Market report, published on Thursday. The figure represents a 2.6 per cent increase from the product’s price in February. Meanwhile, Brent crude price soared above $90 a barrel during the period under review. The surge comes amid heightened geopolitical tension in the Middle East region following the Israel and Palestine war in the Gaza Strip. In the report, OPEC stated that…