The Dangote Petroleum Refinery has raised the price of Premium Motor Spirit (PMS), also known as petrol, to N955 per ...

Oil prices saw a strong start in 2025, with Brent oil rising over 9% in January. Factors such as fresh US sanctions on ...

Crude oil futures rise on supply concerns and winter demand, while focus turns to how the incoming Trump Administration will ...

Crude’s rally continued this week on the heels of the Biden administrations announcement of new sanctions against several ...

It noted that marketers buying between two million and 4.99 million litres would now buy at N955/litre, while five million litres and above would buy at N950/litre.

Oil prices settled lower on Friday but notched their fourth straight weekly gain, as the latest U.S. sanctions on Russian ...

Front Month ICE Brent Crude for March delivery gained $1.03 per barrel, or 1.29% to $80.79 this week --Largest four week net and percentage gain since the week ending April 5, 2024 ...

The Dangote Petroleum Refinery has raised the price of Premium Motor Spirit (PMS), commonly referred to as petrol, from ...

Retailers are also being impacted by the higher futures prices, with the national average rack-to-retail margin for gasoline at 31.7cts/gal, according to OPIS MarginPro data. While that is 1.8cts ...

Dangote Petroleum Refinery has communicated an upward adjustment in the price of PMS, also known as petrol, to its customers.

The FTSE headed to an all-time high on Friday afternoon, despite disappointing retail sales. US stocks were also higher.

Oil futures traded a bit lower on Friday, but were on track for a fourth straight week of gains after wider sanctions against Russia's energy industry tightened supply. Uncertainty also remains over ...