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Oil Rises Above $53, OPEC+ Agrees On Output Rollover

Oil Rises Above $53, OPEC+ Agrees On Output Rollover         The international oil benchmark, Brent crude, surged above $53 per barrel on Tuesday as the Organisation of the Exporting Countries and its allies agreed to hold production steady in the face of new coronavirus lockdowns. Brent, against...

Oil Tumbles After Hitting $53, OPEC+ Delays Decision

Oil Tumbles After Hitting $53, OPEC+ Delays Decision         The international oil benchmark, Brent crude, tumbled on Monday after hitting a record high of $53 ahead of the meeting of the Organisation of the Petroleum Exporting Countries and its allies. OPEC and its allies, a group known...

Dangote Pledges 53% Of Refinery Capacity To Petrol Production

Dangote Pledges 53% Of Refinery Capacity To Petrol Production   The Dangote Group says upon completion of its refinery, it will dedicate 53 per cent of the capacity to the production of petrol. This translates to dedicating 344,500 barrels of its projected 650,000 barrels per day...