Kerosene prices in Nigeria have climbed again, with fresh data confirming a steep 41 percent rise within a year – www.naijnaira.com reports. The National Bureau of Statistics revealed that Nigerians paid an average of ₦2,192.63 per litre in June 2025, compared with ₦1,555.11 recorded in June 2024. In a month-to-month breakdown, the report showed a […]
Kerosene Now Over ₦2,000 per Litre as Price Climb 41% in a Year Read More »
Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info By Julianne Geiger – Sep 03, 2025, 3:43 PM CDT The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 622,000 barrels in the week
Oil Prices Slip After API Reports Unexpected Inventory Build Read More »
Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – Sep 02, 2025, 11:06 AM CDT Gold prices reached an all-time high above $3,500 per ounce due to increased speculation of a September interest rate cut by the US Federal Reserve and ongoing political
Oil Prices Up 2% Ahead of OPEC+ Meeting Read More »
Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy – Sep 02, 2025, 10:30 AM CDT Saudi Arabia’s budget deficit is growing this year as oil prices are down from last year’s levels and well below the $90 per-barrel price the Kingdom is estimated to need to balance its budget. Brent
Low Oil Prices Force Saudi Arabia to Tap More Debt Read More »
By Michael Kern – Sep 02, 2025, 9:00 AM CDT Asia’s crude oil imports in August averaged 27.18 million barrels per day, a rebound from a year-low in July and higher than August last year. The rebound was likely influenced by low oil prices in May and early June, when August-arriving cargoes were nominated. China
Lower Oil Prices Are Fueling Asia’s Crude Buying Spree Read More »
L-R: Lawal Abdulwaliyu, committee chairman; Representative of Commissioner, Lagos State Ministry of Innovation, Science and technology, Olaniyan Michael; Muhideen Femi Balogun, managing director/CEO, Kerojet Services Ltd, and Chairman, The Pillars Dream-Living Foundation; Umar Usman, director, Kerojet Services Ltd; Imam Maroof Abdulazeez Onike, NASFAT chief missioner, and Jumah Abdul-Ganiyu, Zonal chairman NASFAT Lagos Zone 2, during
Kerojet Services moves to promote tech in communities Read More »
Updated 27 August 2025 at 09:46 IST Oil prices steadied after Tuesday’s fall, as Ukraine war developments, U.S. 50% tariffs on India, and resumed Russian crude purchases by Indian refiners create market uncertainty and volatility. Follow : Oil | Image: Unsplash Show Quick Read Summary is AI-generated, newsroom-reviewed Oil prices steadied on Wednesday, after
Oil steady as investors eye Ukraine war, US tariffs on India Read More »
The emergence of electric vehicles (EVs) is cutting into oil consumption, says Erik Norland, chief economist of CME Group | Photo Credit: iStockphoto Crude oil prices are following Chinese growth with a one-year lag, and the same holds good for prices of corn, soyabean and soyabean oil, a top CME Group official has said. “This
Crude oil and agri markets tailing Chinese growth with a year’s lag Read More »
August 18, 2025 | 10:21am Undated photo shows a gas station attendant pumping fuel into a vehicle while holding a motorist’s payment. The Philippine STAR / Michael Varcas, File MANILA, Philippines — Gasoline will see another price hike on Tuesday, August 19, capping five weeks of fluctuating adjustments, while diesel and kerosene prices head for
Aug. 19: Gasoline prices climb as diesel, kerosene fall after US-Russia talks Read More »
PRIME Minister Kamla Persad-Bissessar expressed shock over a report revealing that Trinidad and Tobago has imported $9 billion worth of kerosene. Persad-Bissessar emphasised the urgent need to reopen the former Petrotrin refinery, which previously produced kerosene and other products now being imported. Speaking on Monday at a United National Congress (UNC) meeting at Camden Hall,
$9B on kerosene? PM says it’s time to restart the refinery Read More »
