Kerosene, Diesel Prices Fail To Drop Despite Oil Crash   The pump prices of diesel and kerosene in Nigeria have yet to reflect the collapse of global crude oil prices despite the deregulation of the products by the Federal Government. Following the sharp drop in oil prices,...

Oil Price Drops To $24, Oversupply Fears Grow   The international oil price benchmark, Brent crude, slid further on Wednesday, as a bigger-than-expected rise in United States inventories and a widening rift within the Organisation of Petroleum Exporting Countries heightened oversupply fears. Oil prices are near their...

Marketers Worries Over Rising Price Of Cooking Gas   With the yuletide gradually approaching marketers of Liquefied Petroleum Gas (LPG), otherwise known as cooking gas, have raised concerns about the hike in the price of the commodity, due to the alleged scarcity of the product. If the...

Cooking Gas Price Drops Further On Rising Adoption   The average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by -2.34% month-on-month and by -5.76% year-on-year to N4,124.20 in September 2019 from N4,223.08 in August 2019, largely due to...

Nigeria, Others Meet As Oil Price Rises To $60.5   The price of Brent, which is the crude Nigeria’s oil is priced, appreciated on Sunday to $60.51 per barrel. This came as Nigeria’s team met with leaders of crude oil producing nations in Africa to ensure they...

In 3 Years, Aviation Fuel Price Rises By 143%   Aviation fuel has in the last three years risen by about 143 per cent, information gathered from the industry has shown. Airline operators said the product which sold at N255 per litre earlier this week had been...