Energy

NNPC reduces petrol pump price in Lagos, Abuja

The Nigerian National Petroleum Company (NNPC) Limited has reduced the pump price of Premium Motor Spirit, otherwise known as petrol,…

6 months ago

Oil prices rise over U.S. demand

Oil prices rose 1% on Thursday, August 7, 2025, over signs of steady demand in the United States. Brent crude…

6 months ago

Oil prices rebound after Trump’s threats on Russian oil buyers

Oil prices increased on Wednesday, August 6, 2025, rebounding from a five-week low in the previous day after United States…

6 months ago

Again, Trump threatens harsh tariffs on India over Russian oil purchases

United States President Donald Trump has threatened India with higher tariffs over its Russian oil purchases. Trump’s threat on Monday,…

6 months ago

Oil prices drop over rising supply

Oil prices drifted lower on Tuesday, August 5, 2025, on oversupply concerns as OPEC+ moved ahead with another large output…

6 months ago

NNPC raises petrol price to N955/litre in Abuja, N915 in Lagos

The Nigerian National Petroleum Company (NNPC) Limited has increased the pump price of Premium Motor Spirit, fondly called petrol, at…

6 months ago

Oil prices fall after OPEC+ raises oil output

Oil prices fell on Monday, August 4, 2025, after OPEC+ agreed to another large production hike in September, Brent crude…

6 months ago

OPEC+ agrees to raise oil output in September

OPEC+, on Sunday, August 3, agreed to increase oil production by 547,000 barrels per day in September 2025. The latest…

6 months ago

Petrol tankers to stop loading beyond 45,000 litres on Oct. 1 ― Marketers

The Independent Petroleum Marketers Association of Nigeria (IPMAN) says tankers will no longer load more than 45,000 litres of petrol…

6 months ago

Oil prices rise over U.S. tariffs

Oil prices increased on Friday, August 1, 2025, as traders digested the impact of new higher United States tariffs that…

6 months ago

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