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Legit on MSNDangote reveals reason for crashing petrol prices nationwideThe Dangote Refinery has crashed petrol prices from N950 to N890 per litre following the fall in global crude oil prices. The refinery said the move other costs.
However, Dangote Petroleum Refinery said the price reduction was based on developments in the global oil market, adding that ...
Shell Nigeria on Tuesday, reported an oil spill from its facility in Ogale, close to Port Harcourt, following the overflow ...
A study by Rand Merchant Bank (RMB), a member of FirstRand Group, says Nigeria’s gross domestic product (GDP) could slip to 0.8 per cent (a pace not seen since 2021) this year.
The Federal Government has banned the export of crude oil meant to meet the needs of domestic refineries in the country, ...
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Legit on MSNRefineries Not Enough: NNPC, Oil Marketers Import N5.5 Trillion Worth of Fuel in 4 MonthsThe Nigerian National Petroleum Company Limited (NNPC), and oil marketers combinedly imported about N5.5 trillion worth of ...
African Refinery Group (ARG) has announced the commencement of the revamp of the Bonny Export Terminal ... of several of NNPC’s downstream crude oil and refined petroleum products pipelines ...
Venezuela's state oil company PDVSA has resumed regular imports of light crude as its own output of medium and light grades ...
U.S. refiner Delek has the option to run more light, sweet crude oil if it is economical to do so, CEO Avigal Soreq said on ...
Last week, Light Crude Oil Futures settled at $72.53, down $2.13 or -2.85%. Yes, U.S. crude stockpiles increased significantly this week, signaling weaker demand and pushing prices lower.
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