fuel prices

KEY POINTS Global oil prices rose sharply on Tuesday as escalating tensions in the Middle East raised concerns about a prolonged conflict and the potential disruption of global energy supply. …

KEY POINTS MRS Oil Nigeria Plc announced a sharp increase in petrol prices at its retail outlets, raising the cost of Premium Motor Spirit to nearly N975 per litre. The …

KEY POINTS Oil marketers in Nigeria, PETROAN, are raising fresh concerns that the escalating military confrontation involving the United States, Iran and Israel could soon hit home in the form …

KEY POINTS Nigeria’s energy conversation has long been dominated by a familiar promise from the Dangote Group: once local refining begins at scale, fuel will become cheaper, scarcity will disappear, …

KEY POINTS In a move set to directly impact the cost of living and transportation nationwide, the Dangote Petroleum Refinery has formally commenced the sale of petrol, known as Premium …

KEY POINTS Egypt has raised prices across a broad range of petroleum products, its second increase this year, as the government continues efforts to rein in subsidies and narrow a …

KEY POINTS A coalition of civil society groups has applauded the Dangote Refinery and Petrochemicals Company for what they describe as a “game-changing” role in easing fuel costs and shoring …

KEY POINTS The Independent Petroleum Marketers Association of Nigeria, IPMAN, has sounded the alarm over a mounting debt dispute with the Anambra State Government that could push fuel prices in …

KEY POINTS After the U.S. Energy Information Administration (EIA) predicted that Brent crude could average below $60 a barrel in the fourth quarter, a level last observed during the pandemic’s …

President Tinubu approves the use of NNPC dividends for a petrol subsidy to provide relief from rising fuel prices in Nigeria.