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fuel prices

  • In the NewsMarkets

    Anambra Faces Fuel Crisis as IPMAN Demand N900 Million Debt Settlement

    by Oluwatosin Racheal Alabi August 24, 2025
    by Oluwatosin Racheal Alabi August 24, 2025

    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 …

  • In the NewsMarketsOil & Gas

    Oil Prices Seen Slipping Below $60 by Year-End, EIA Warns

    by Oluwatosin Racheal Alabi August 13, 2025
    by Oluwatosin Racheal Alabi August 13, 2025

    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 …

  • In the NewsOil & Gas

    Tinubu Approves NNPC Dividends for Petrol Subsidy Relief

    by Motoni Olodun August 19, 2024
    by Motoni Olodun August 19, 2024

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

  • In the News

    US Oil Refining Capacity Edges Up for Second Consecutive Year

    by Victor Adetimilehin June 17, 2024
    by Victor Adetimilehin June 17, 2024

    The United States’ oil refining capacity edged up for the second consecutive year, reaching 18.38 million barrels per day (bpd) in 2024. This increase is primarily driven by expansions at …

  • In the News

    US Refiners’ Profits Plunge as Fuel Prices Drop and Outages Rise

    by Victor Adetimilehin January 25, 2024
    by Victor Adetimilehin January 25, 2024

    The fourth quarter of 2023 was a tough one for U.S. oil refiners, who saw their earnings plummet compared to the same period a year ago. The main reasons were …

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Nigeria’s Oil Boom: Record Production in September 2023

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Egypt’s Oil and Gas Output Rises After Four-Year Decline
Chevron, Israel to Build Pipeline Supplying Gas to Egypt
Chevron, Israel Ink Deal for New Pipeline to Boost...

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