Monday, April 27, 2026
Petrol sold above N130 in 17 states, says NBS
Despite the reduction in the price of petrol to N125 per litre, the product was sold above N130 per litre...
Read moreDetailsOil prices climb, bolstered by ongoing supply curbs
Oil prices rose on Tuesday, supported by signs that producers are following through on commitments to cut supplies and as...
Read moreDetailsPetrol price may increase as Brent stabilises around $35/barrel
Brent, the oil against which Nigeria’s crude is priced, has hovered around $35 per barrel for about one week, raising...
Read moreDetailsOPEC to dominate oil markets for the foreseeable future — Goldman Sachs
OPEC will regain its position as a dominant force on international oil markets after the world emerges from the current...
Read moreDetailsFG explains why marketers can’t exclusively determine petrol prices
The federal government has shed more light on what it described yesterday as the full deregulation of the downstream petroleum...
Read moreDetailsNLNG signs $7bn train 7 contracts with Saipem, Chiyoda, Daewoo
Nigeria LNG Limited (NLNG) has signed the engineering, procurement and construction (EPC) contracts for its Train 7 Project with the...
Read moreDetailsNNPC: Nigerians consumed 1.2bn litres of petrol in 30 days
Nigerians consumed about 1. 2 billion litres of petrol in January, with a daily utilisation rate of 38.6 million, a...
Read moreDetailsOil falls on fears of second coronavirus wave
Oil prices fell on Monday as investors worried about a second wave of coronavirus infections, but new output cuts from...
Read moreDetailsOil trader owes $9 million after starting the day with $77,000
By Zerohedge.com The April 20 historic oil price crash that sent the prompt May WTI contract plunging to the unheard...
Read moreDetailsFG will offer small oil fields for licensing – NNPC
The federal government will offer marginal oil fields for auction this year despite the crash in crude oil prices, Mele...
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