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Oil prices drop on fears for soft fuel demand

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Oil prices slid downwards at the mid-week trading session due to fears for soft fuel demand.

Unrefined petroleum costs dwindled lower at the mid-week exchanging meeting. The misfortunes are going ahead apprehensions for delicate fuel interest and a potential worry that the energy market is by all accounts going to immersion point. Notwithstanding, trusts that the oil cartel gathering will postpone an arranged expansion in oil yield checked further misfortunes.

At the hour of composing this report Brent unrefined prospects exchanged at around $43.61/barrel, losing about 0.3%.

U.S. West Texas Intermediate unrefined lost about 0.6%, to exchange at $41.18 a barrel.

The significant large scale ascribed to critical sell-offs seen at the energy market incorporate information recovered from the American Petroleum Institute (API) demonstrating U.S. rough inventories increased 4.2 million barrels a week ago, well above oil specialists conjectures in a Reuters survey for a form of 1.7 million barrels.

What they are stating

Stephen Innes, Chief Global Market Strategist at Axi, in a note to Nairametrics, expounded on the essentials burdening oil costs right now.

“While OPEC+ can broaden the current cuts at its next full gathering on Nov. 30, it likely could be seen as a mistake that we didn’t hear something more unequivocal today, particularly with regards to a market that, on the edge, is as yet cheerful that extra cuts in 2021 will be in any event put on the table.

“Oil had that sinking feeling again after the API revealed a suddenly bigger stock form than foreseen. With the market zeroing in on a definitive stock fixer, OPEC+ month-end meeting, the post API auction was quieted in any event, while thinking about the slight dissatisfaction from zero forward direction from the JMMC.”

Primary concern

Oil markets have released a piece lower in accordance with general danger opinion. In any case, markets are no more awful for the products as the previous ricochet on Moderna’s immunization is as yet giving a great tailwind along the bend.

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Rage as Fela Kuti is not among the inductees into the Rock and Roll Hall of Fame 2021 class

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Godfather of Afrobeat, Fela Anikulapo Kuti who received the posthumous honour to be among those vying to be inducted into the Rock and Roll Hall of Fame 2021 some few months back, sadly failed to secure a spot despite being top two on the voting polls.

Fela Kuti gets shunned from the inductees despite being top two.

Today, May 12, the committee announced the inductees by means of a 3-minute video through president and CEO, Gregg Harris. Fela was nominated in the Performers Category, amassing a total of 545,000+ votes, making him the second most voted act after Tina Turner (548,000+ votes) but to the surprise of the masses, Fela was not included in the list of inductees.

Shockingly included are performers like rap icon and mogul – JAY-Z and LL Cool J who failed to secure a top five spot on the poll, infact, they were the least voted acts when voting concluded.

Although, quite frankly there is a disclaimer on the website were the poll was conducted, stating that votes do not guarantee induction but for a Top 2 voted act in Fela Anikulapo Kuti, that should not even be the case and Nigerians have taken to Twitter to express their disappointment at the ‘rigging’, ‘clout chasing’ and inconsiderate conduct regarding how the Rock and Roll Hall of Fame committee unjustly treated the voting polls and Fela Kuti.

On what might have transpired regarding the voting stage and selection of inductees, Fela’s first son, Femi Kuti had this to say:

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Video: Mojisola Oduola -Kabiyesi

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At last the long awaited video is out . KABIYESI The unquestionable God.

watch and make sure you subscribe to my YouTube channel. May God bless you as you do so.

This will surely serve as my birthday gift from my love ones.
Click on the link below

CLICK TO DOWNLOAD

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Funny tweets, memes and videos from Twitter NG for “Happy 420”

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Today’s date, April 20, stylised as 4/20 is a day worldwide commemorated by stoners or smokers of weed to celebrate marijuana. In short, it is treated as a public holiday for weed/marijuana and termed—Happy 420.

Twitter NG i.e users of Twitter in Nigeria, as it is the yearly custom are trending “Happy 420” as the number one topic in the country. While many really used the medium to share their unwavering love for weed, others have taken it upon themselves to make funny tweets, memes, skits and share several videos in relation to weed smoking and “Happy 420” as an entity.

While some tweeps take jab at those who don’t smoke weed but indulge in the “woke” culture by wishing stoners a “Happy 420”, others in their own way intentionally misinterpret certain scriptural verses for comedic purpose in order to aid and bait their smoking habits, still others take it upon themselves to disperse various memes which for sure will bring a smile upon your face. That’s not all, though, for we have some tweeps who did brainstorm to form some of the best puns concerning weed and stoners jokes ever. Well we can say irrespective of the way they passed their message regarding “Happy 420”, they all ended on a high note. Enjoy!

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