Tag: global oil markets

US President, Donald Trump has given Iran a new 48-hour deadline to re-open the Strait of Hormuz, threatening to attack Iran’s power plants if freedom of navigation is not fully ...

Oil extends climb on Iran supply disruption concerns

Crude oil prices fell after Trump-Zelensky talks, with Brent at $66.20 and WTI at $62.95.

The Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890 per litre.

Lagos-based Dangote Refinery has responded to public concerns over the recent hike in the price of Premium Motor Spirit (PMS), attributing the increase to a sharp rise in global crude ...

OPEC+ has long been a central player in global oil markets, but recent analysis by global energy market expert Vandana Hari suggest that while the oil-producing cartel has managed to ...