…N65 per litre. Fuel price: Brent, WTI global crude prices jump to $95, $90 per barrel as US-Iran conflict escalates

…would likely maintain the current rate because of the uncertainty created by the US-Iran conflict. “Many people would like a reduced interest rate because the MPR is the anchor rate for bank lending. But my worries are the US-Iran war. We don’t know when it is going to end. For that reason, I suspect they might keep th…

…This needs to be checked. Looking ahead, what are the major opportunities and risks the US-Iran conflict and continued uncertainty in global energy markets present for Nigeria’s oil and gas industry? There is a great opportunity for Nigeria to become a net exporter of refined products in Africa, because the conflict ha…

…availability of base oils and rising global prices linked to disruptions caused by the US-Iran conflict are reducing offers into the West African market despite the announcement of a peace deal. It noted that West Africa remains heavily dependent on imported base oils, with average annual imports standing at about 135,…