The Independent Petroleum Marketers Association of Nigeria (IPMAN) has criticised the current ex-depot price of Premium Motor Spirit (PMS) from the Dangote Petroleum Refinery, stating that...
The OPEC+ alliance’s accelerated move to boost oil-production quotas has yet to yield meaningful increases in actual output, according to a recent market note by Morgan...
President of Dangote Group, Aliko Dangote, has disclosed that petrol prices in Nigeria remain below N900 per litre due to the Federal Government’s naira-for-crude policy, contrasting...
Aliko Dangote, President of Dangote Group, has stated that the Federal Government’s naira-for-crude policy is directly responsible for the current stabilisation in domestic fuel prices across...
Oil prices declined marginally on Friday, but both Brent and West Texas Intermediate (WTI) crude benchmarks posted their first weekly gains in three weeks as renewed...
Global investment in crude oil is projected to decline by 6% in 2025, the first substantial downturn in upstream oil spending since the COVID-19-induced slump in...
Retail petrol prices across Lagos fell below Dangote Refinery’s rate on Tuesday as the Nigerian National Petroleum Company (NNPC) and independent marketers slashed prices in a...
Crude oil prices held firm on Tuesday as rising geopolitical tensions in the Middle East and Eastern Europe continued to support market sentiment. Brent crude oil,...
President of the Dangote Group, Aliko Dangote, has disclosed that the commencement of operations at the Dangote Refinery triggered a substantial drop in diesel prices across...
A high-level delegation from the Economic Community of West African States (ECOWAS), led by Commission President Dr. Omar Alieu Touray, visited the 650,000 barrels-per-day Dangote Refinery...
