Global Crude Supply To Ease As U.S Strengthens Maritime Security Around Hormuz.

Crude supply market is about to witness improved activities following ship-owners increased optimism about a pickup in traffic through the Strait of Hormuz after more vessels left the waterway this week with the US providing information to aid those making the journey.

At least two ship-owners, who asked not to be...

Dangote Refinery Crashes Petrol To N1,250 And Diesel To N1,700

The Dangote Petroleum Refinery & Petrochemicals has announced a fresh reduction in the ex-depot prices of Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO), reinforcing its commitment to making refined petroleum products more affordable and supporting economic activities across Nigeria.

Under the latest price adjustment, the refinery reduced the ex-depot...