THE Premium Motor Spirit, PMS, also known as petrol would likely cost more as depot owners have increased prices by about 4.74 per cent.This...

BREAKING: Petrol And Diesel Prices Set To Rise As Crude Oil Hits $80 Per Barrel—–The prices of refined petroleum products in Nigeria may...

The department of mineral and petroleum resources cited a higher crude oil price and a weaker rand

China, the world’s largest importer of crude oil, imported 11.3 million barrels per day (b/d) of crude oil in 2023, 10% more than in 2022,...

  Propelled by the economic relief provided by President Bola Ahmed Tinubu's crude-for-naira swap initiative, two prominent players in Nigeria's...

The price of Azerbaijan’s Azeri LT CIF oil in the world market increased by $0.15, or 0.19%, to $79.63 per barrel, Report informs. March...

The price of Azerbaijan’s Azeri LT CIF oil in the world market increased by $2.67, or 3.26%, to $84.53 per barrel, Report informs. March...

The price of Azerbaijan’s Azeri LT CIF oil in the world market increased by $0.33, or 0.43%, to $76.45 per barrel, Report informs. February...

Nigeria’s daily average crude oil production rose by 152, 000 barrels per day last November, according to data sourced from the newly released...