BREAKING: Dangote Refinery slashes petrol price to N1,200/litre

Dangote Refinery has reduced the price of petrol, bringing down the ex-gantry cost of Premium Motor Spirit (PMS) by N75 to N1,200 per litre, according to industry sources. This price drop comes shortly after the refinery had increased petrol to about N1,275 per litre, blaming the earlier rise on global oil market instability that raised […]

Oil Prices Surge Past $100 As Iran Names New Supreme Leader, Global Shares slide

Oil prices surged past $100 per barrel on Monday as geopolitical tensions escalated in the Middle East following the selection of Ayatollah Mojtaba Khamenei as Iran’s new supreme leader. WTI crude reached $108.66, while Brent crude hit $108.69, marking sharp gains in early Asian trading. The spike comes amid ongoing conflict between Iran, the U.S., […]