MANILA, Philippines— Fuel prices will go down this week due to the easing of tensions in the Middle East, oil companies said Monday. Shell and Seaoil said that they will lower gasoline prices by P0.50 per liter and diesel by P0.70 per liter. The cost of kerosene will go down by P0.85 per liter. The […]
Fuel prices to go down this week Read More »
The Minister of Aviation and Aerospace Development, Festus Keyamo, has unveiled the 150 million litres of Jet A1 fuel depot. The Joint User Hydrant Installation 2 (JUHI-2), holding a capacity of 150 million liters of Jet A1 fuel, is the largest airside jet fuel depot in Nigeria. The facility is capable of delivering 150 million
Keyamo unveils 150 million-litre jet fuel depot Read More »
by Admin · October 18, 2024 The National Bureau of Statistics (NBS) has reported a notable increase in the average price of 5kg of cooking gas, rising from N6,430.02 in August to N6,699.63 in September 2024. This represents a 4.19% month-on-month increase, while year-on-year, the price has surged by 59.90%, up from N4,189.96 in September
NBS Reveals Cooking Gas and Kerosene Prices Soar, Impacting Consumers Nationwide Read More »
By Irina Slav – Oct 18, 2024, 2:05 AM CDT China’s crude oil refining fell to a three-month low in September due to seasonal maintenance and decreased demand for gasoline and diesel. Coal imports surged to a record high in September as its share in China’s electricity generation increased. The IEA predicts a significant slowdown
Oil Prices Fluctuate Amidst China’s Economic Growth and Middle East Tensions Read More »
Crude Oil Prices rise Crude Oil Price Falls to $73 Per Barrel Crude oil prices fell more than 4 percent on Tuesday after a report that Israel was willing to spare Iranian oil targets, easing concerns over supply disruption. Brent crude oil price fell 4.65 percent to $73.83 a barrel at 5.18 WAT, while West
Crude Oil Price Falls to $73 Per Barrel Read More »
Abuja, Nigeria — Authorities in Nigeria have announced plans to review safety protocols for the transportation of gasoline after a deadly tanker accident and explosion in Jigawa state killed more than 140 people Wednesday. President Bola Tinubu said the review will be “swift and comprehensive,” but some observers are skeptical that safety standards will improve.
Nigeria: Nigeria to Review Gasoline Transport Safety Protocols After Deadly Blast Read More »
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – Oct 17, 2024, 7:00 PM CDT Oil prices are little changed in Thursday’s intraday sessions after they tumbled more than 4% on Tuesday to a near two-week low on easing Iranian supply
IEA Predicts End to Oil & Gas Demand Growth Before 2030 Read More »
Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info By Tsvetana Paraskova – Oct 17, 2024, 4:00 AM CDT U.S. pipeline operator Kinder Morgan (NYSE: KMI) has revised down its earnings guidance for this year amid a decline in
Kinder Morgan Cuts 2024 Earnings Guidance on Lower Oil Prices Read More »
Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info By Irina Slav – Oct 15, 2024, 2:30 AM CDT Crude oil took a dive today on reports that Israel was willing to not target Iranian oil facilities in its retaliatory strike
Oil Prices Fall as Geopolitical Premium Fizzles Read More »
Oil drilling rigs Oil prices declined on Friday amid restart of Libya’s oil production and assessment of the impact of Hurricane Milton damage, as well as Middle East geopolitical tensions. Brent crude futures for December delivery dropped 0.28%, or $0.22, to $79.18 a barrel, at 7:55 am Makkah time, heading for the second straight weekly
Oil prices fall, head for weekly gain Read More »
