The Petroleum Tanker Drivers branch of National Union of Petroleum and Natural Gas Workers, NUPENG has decried the recent destruction of oil trucks set ablaze by...
Non-uniformity of fuel prices at various filling stations has been identified as the cause of queues in stations that sell at lower rates.
Global oil prices declined on Thursday as cases of Covid-10 grew in China, the world’s largest importer of the commodity. Brent crude oil, against which Nigerian...
To address the lingering fuel scarcity across the country, the Nigerian National Petroleum Company (NNPC) has reached an agreement with no less than 30,000 independent petroleum...
Data from the National Bureau of Statistics (NBS) has shown that prices of selected food items increased in November.
The transition from fossil fuels to cleaner energy and the volatility of oil prices will be two significant determinants when it comes to oil revenue.
Brent crude oil rose 8 cents, or 0.1%, to $80.07 per barrel, while U.S. West Texas Intermediate (WTI) crude oil fell 1 cent to $76.22 a...
Nigeria imported durum wheat worth N753.59 billion, down from N898.19 billion reported in the corresponding period of 2021.
Brent crude oil, against which Nigerian oil is priced, gained 74 cents, or 0.9%, to $79.78 a barrel in the early house of Monday while U.S....
Importation of petroleum products into Nigeria will reduce significantly by 2023 with the commencement of operations of the Dangote Refinery
