…crude climbing close to the $80 per barrel mark, signalling renewed strength in the oil market amid heightened geopolitical tensions and expectations of tighter supply. Latest market data showed that Brent crude rose by $5.43, or 7.32 per cent, to $79.59 per barrel, while West Texas Intermediate (WTI) gained $4.78, or…

…to ensure that Nigerians benefit from favourable developments in the international oil market. Vanguard News

According to him, such an institution will work directly with refiners and marketers to absorb market risks, facilitate product distribution, and stabilize fuel pricing. He urged the Federal Government to introduce additional incentives that would support independent marketers and help keep fuel prices affordable for c…

What they are saying PETROAN stated that recent developments in the global oil market indicate that crude oil prices are experiencing a downward trend. The association said the moderation in crude prices should translate into lower petroleum product prices in Nigeria. "Brent crude has fallen to approximately $77-$78 pe…