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Tag: Oil prices

Breaking News

Dangote reverses petrol price from N1,350 to N1,275

Dangote Refinery has reversed its earlier petrol price increase, bringing its ex-depot rate for Premium Motor Spirit back to N1,275 per litre, just hours after announcing a higher price to marketers. The reversal comes after the refinery had earlier on Wednesday effected an upward adjustment to N1,350 per litre, triggering immediate reactions across the downstream […]

World

Crude prices plunge, stocks surge as US and Iran agree ceasefire

Oil prices plunged Wednesday while stocks rallied after the United States and Iran agreed to a two-week ceasefire that will see Tehran temporarily reopen the vital Strait of Hormuz. With Donald Trump’s deadline approaching for the Islamic republic to reopen the waterway or face obliteration, he announced a halt to attacks for two weeks and […]

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