After a few months of solace, Nigerians could be facing another hardship as fuel prices surged due to the Federal Government’s reluctance to sell crude oil to the Dangote refinery in naira, largely ...

What's more important for crude oil markets? Forecasts of Chinese oil demand growth by leading agencies or the reality of ...

Saxo Bank’s head of commodity strategy Ole Hansen warned that the escalation “will hurt economic growth and demand for key commodities such as crude oil and refined products.” Further ...

The FEC, presided over by President Bola Tinubu, also directed that crude oil sales to the refineries be made in naira and that the refineries, located in Nigeria, sell their refined products to ...

SINGAPORE, March 10 (Reuters) - China's newest refiner Shandong Yulong Petrochemical is expected to start test operating its second crude oil processing ... of refined products in 2025, offsetting ...

Billionaire Mukesh Ambani's Reliance Industries Ltd is estimated to have earned €724 million (about ₹6,850 crore) from exporting fuel made from Russian crude oil to the US in one year ...

Our correspondents observed that filling stations with agreements with the Dangote Refinery have adjusted their pumps to the new price.