THE $20 billion Dangote Petroleum Refinery has slashed the price of diesel by 16.6 per cent to N1,000 per litre, from N1, 200 per litr
Oil prices could rise to $102 per barrel if a major conflict in the Middle East breaks out involving one or more oil producers, according to the World Bank.
Some Oil Marketing Companies have started increasing prices of petroleum products at the pumps in line with the two-week review period. Market Leader, GOIL is selling a litre of petrol at ₵14.99. Diesel is currently going for ₵14.80. Some of the Oil Marketing Companies have attributed the increase to the recent depreciation of the cedi […]
Brent crude dips to $90 per barrel as markets monitor Israel-Iran, while 14,000 jobs could be cut at Tesla
Latest figures from the RAC show fuel prices are on the increase
The Dangote Petroleum Refinery has listened to the calls of oil marketers as regards the reduction in the price of Automotive Gas Oil, popularly called diesel. On Tuesday, the refinery announced a reduction in the price of diesel from N1,200/litre to N1,000/litre, a development that triggered excitement among operators in the downstream oil sector. Dangote Read More
The average price of unleaded petrol now at 149.71p per litre, while diesel is rapidly approaching the £1.60 mark
Crude oil futures fell more than 3% Wednesday as the market dismissed the risk of a wider war between Israel and Iran that could disrupt supplies. The West Texas Intermediate contract for May delivery lost $2.67, or 3.13%, to settle at $82.69 a barrel. June Brent futures were down $2.73, or 3.03%, at settle at $87.29 a barrel. […]
PETROL prices have hit 150p a litre for the first time since November. They have risen by more than 3p a litre since the start of April and 9p since the start of the year. RAC spokesman Simon Willi
In the face of heavy opposition from Canada’s premiers to Prime Minister Justin Trudeau’s carbon tax, one might have hoped the prime minister would moderate some of his government’s extreme climate policies. But alas, on a recent swing through Alberta, he threw cold water on any hope of moderation. When asked in a meeting with […]
DRIVERS were left fuming as their cars broke down after diesel and petrol had been put in the wrong pumps at two fuel stations. Customers at the Greenway Motors Texaco station in Taunton, Somerset,
Iran launched more than 300 drones and missiles against military targets in Israel in an attack that President Joe Biden described as "unprecedented."