Petrol Prices Near N1,400/Litre as Middle East Crisis Disrupts Global Oil Supply
Pump prices of Premium Motor Spirit (petrol) are approaching N1,400 per litre in many parts of Nigeria as geopolitical tensions ...
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Tag: #OilMarket
UAE Announces Exit from OPEC, OPEC+ Amid Rising Middle East Tensions
The United Arab Emirates has announced it will withdraw from the OPEC and OPEC+ oil alliances, marking a major shift ...
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Oil Falls Below $100 as U.S. Blockade of Iranian Ports Raises Geopolitical Tensions
Global oil prices slipped below the $100 mark on Tuesday as markets reacted to escalating tensions following the United States ...
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Dangote Refinery Partners With Marketers to Safeguard Fuel Supply Amid Middle East Crisis
Dangote Petroleum Refinery has partnered with major fuel marketers to ensure nationwide supply and mitigate risks linked to reliance on ...
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Iran Threatens to Block Oil Through Strait of Hormuz, Warns Prices Could Hit $200 per Barrel
Iran has declared that it will not allow a single litre of oil to pass through the strategic Strait of ...
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Dangote Refinery Slashes Petrol Price by N100 as Global Oil Prices Fall
The Dangote Refinery has reduced its petrol gantry price by N100, bringing the cost down from N1,175 to N1,075 per ...
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Dangote Refinery Raises Petrol Ex-Depot Price to N875 per Litre
The Dangote Petroleum Refinery has increased its Premium Motor Spirit (PMS) gantry price by N101, raising the ex-depot rate from ...
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OPEC Eyes April Output Hike Amid Strong Prices, Peak Summer Demand
The OPEC is leaning towards resuming oil output increases from April, according to three OPEC+ sources, as the group positions ...
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Oil Prices Edge Higher as Markets Await Clarity on Ukraine-Russia Peace Framework
Oil prices recorded slight gains on Wednesday as traders weighed the prospects of a potential peace agreement between Ukraine and ...
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Oil Prices Climb Amid Trade Deal Optimism, Venezuelan Supply Concerns Linger
Oil prices edged higher on Friday, buoyed by optimism surrounding global trade talks, which boosted expectations for economic growth and ...
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