Despite the reduction in the price of petrol to N125 per litre, the product was sold above N130 per litre in 17 states in April,

Oil prices rose on Tuesday, supported by signs that producers are following through on commitments to cut supplies and as fuel demand

OPEC will regain its position as a dominant force on international oil markets after the world emerges from the current crisis,

The federal government has shed more light on what it described yesterday as the full deregulation of the downstream petroleum sector,

Nigeria LNG Limited (NLNG) has signed the engineering, procurement and construction (EPC) contracts for its Train 7 Project with the

Nigerians consumed about 1. 2 billion litres of petrol in January, with a daily utilisation rate of 38.6 million, a report by the

Oil prices fell on Monday as investors worried about a second wave of coronavirus infections, but new output cuts from Saudi Arabia

By Zerohedge.com The April 20 historic oil price crash that sent the prompt May WTI contract plunging to the unheard of price

The federal government will offer marginal oil fields for auction this year despite the crash in crude oil prices, Mele Kyari, the

Oil prices fell on Wednesday, ending a multi-day streak of gains, as investors focused on oversupply risks after U.S. crude