What Does It Really Mean?

Rumour has it that oil prices are on the rise — and one reason being floated is the US Memorial Day holiday, which saw heavy fuel demand as families travelled to gather.

Then there’s the uncertainty surrounding negotiations with Iran, and the postponed EU trade talks — all stirring the pot.

But is this good news for us?
Will the increase in oil prices actually boost our economy?
Will it reflect in the garri, bread, and eggs we buy every day?

Is this something to be over the moon about… or something to take with a pinch of salt?

Is it just another hopeful article we read in the newspapers, hear on the radio, or scroll past on social media?