Crude oil futures rise on supply concerns and winter demand, while focus turns to how the incoming Trump Administration will ...

The Dangote Petroleum Refinery has raised the price of Premium Motor Spirit (PMS), also known as petrol, to N955 per ...

Oil prices saw a strong start in 2025, with Brent oil rising over 9% in January. Factors such as fresh US sanctions on ...

The Dangote Petroleum Refinery has raised the price of Premium Motor Spirit (PMS), commonly referred to as petrol, from ...

Read about the rig count, oil prices, Petronas and more in the latest Market Talks covering energy and utilities.

Retailers are also being impacted by the higher futures prices, with the national average rack-to-retail margin for gasoline at 31.7cts/gal, according to OPIS MarginPro data. While that is 1.8cts ...

Dangote Petroleum Refinery has communicated an upward adjustment in the price of PMS, also known as petrol, to its customers.

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Oil prices settled lower on Friday but notched their fourth straight weekly gain, as the latest U.S. sanctions on Russian ...

Oil prices edged lower on Friday but remained on course for a fourth consecutive week of gains, as the latest U.S. sanctions ...

The incoming US administration is considering good-faith measures to ease sanctions if things move forward. Or, if not, then ...

It noted that marketers buying between two million and 4.99 million litres would now buy at N955/litre, while five million litres and above would buy at N950/litre.