Hormuz Tensions Push India Toward Nigerian Crude Supplies
Escalating geopolitical tensions around the Strait of Hormuz are reshaping global energy flows, with India increasingly turning to Nigeria as ...
Tag: Global Oil Market
Crude Oil Price Volatility Deepens Pressure on Nigeria’s Economy
Nigeria’s economy remains highly vulnerable to swings in global crude oil prices, underscoring the structural risks of Africa’s largest oil ...
Oil Prices Climb Above $109 as Middle East Crisis Deepens
Oil prices surged to $109.3 per barrel on Sunday as tensions in the Middle East continued to worsen, raising fears ...
Trump’s Oil Corridor Pause Pushes Crude Prices Lower as Nigerians Hope for Fuel Relief
Global oil prices recorded a noticeable decline after former United States President Donald Trump announced a temporary suspension of a ...
Dangote Refinery Implements Fourth March Price Hike as Global Oil Markets Transmit Volatility to Nigerian Consumers
Dangote Petroleum Refinery has announced another increase in the price of Premium Motor Spirit (PMS), marking the fourth hike in ...
Iranian Drone Strikes Hit Kuwait’s Mina Al-Ahmadi Refinery, Escalating Tensions
A massive fire broke out at Kuwait's Mina Al-Ahmadi refinery after Iranian drone attacks on Friday, as tensions continue to ...
Dangote Refinery Raises Fuel Prices Again as Global Oil Surge Bites
Dangote Petroleum Refinery has implemented its fourth fuel price adjustment since March 2, raising ex-depot prices for petrol and diesel ...
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