fuel prices

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.

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 …

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 …