Dangote Refinery Raises Petrol Gantry Price to N1,200 Per Litre
Dangote Petroleum Refinery and Petrochemicals FZE has increased the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, ...
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Tag: #OilMarket
Indian Refiners Buy 5 Million Barrels of Crude Oil in Fresh Supply Deals
Indian refiners have secured a combined 5 million barrels of crude oil through separate purchase deals, according to trade sources. ...
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Oil Prices Fall as US-Iran Ceasefire Hopes Ease Supply Concerns
Global oil prices fell sharply on Monday after signs of easing tensions between the United States and Iran raised hopes ...
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Hormuz Shipping Slumps as Middle East Tensions Push Brent Crude Towards $100
Commercial shipping through the Strait of Hormuz has dropped to its lowest level in two months as escalating military tensions ...
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FG Orders Marketers to Cut Fuel Prices as Global Oil Costs Fall
The Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, has directed petroleum marketers to immediately reduce the pump prices ...
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FCCPC Raises Alarm Over High Fuel Prices Despite Drop in Global Crude Oil Costs
The Federal Competition and Consumer Protection Commission (FCCPC) has expressed concern over what it described as possible consumer exploitation in ...
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Petrol Prices May Drop to N1,200 as Dangote Refinery Cuts Ex-Depot Rates
Marketers of petroleum products say petrol prices in Nigeria may soon drop to about N1,200 per litre following a fresh ...
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OPEC+ Approves July Oil Output Increase Amid Middle East Supply Concerns
The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) have agreed to increase oil production quotas by a ...
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Fuel Prices May Drop as Oil Prices Fall Amid US-Iran Peace Talks
Fuel prices may decline in the coming days if global crude oil prices continue to fall following ongoing peace talks ...
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OPEC+ Plans Gradual Oil Output Increases as It Moves to Fully Restore 2023 Production Cuts
Key members of OPEC+ are planning to continue a series of gradual oil production quota increases in the coming months, ...
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Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.