Author name: Siim

PETROAN urges FG to invest oil price gains in gas infrastructure

PETROAN urges FG to invest oil price gains in gas infrastructure

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The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has urged the Federal Government to channel gains from the current surge in global oil prices into investments in Nigeria’s gas infrastructure.  The post PETROAN urges FG to invest oil price gains in gas infrastructure appeared first on Nairametrics… https://nairametrics.com/2026/03/15/petroan-urges-fg-to-invest-oil-price-gains-in-gas-infrastructure/

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Nigeria losing benefits of rising crude oil prices due to low production capacity, economist says

Nigeria losing benefits of rising crude oil prices due to low production capacity, economist says

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An economist, Chijioke Ekechukwu, says Nigeria could have recorded a major economic windfall from the current surge in global crude oil prices if its production had been operating at full capacity. Mr Ekechukwu, the group managing director/chief executive officer of Bristol Investment Limited, said this in an interview with journalists in Abuja on Sunday, while

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The biggest release of emergency oil stockpiles in history was announced. Why crude may keep rising

The biggest release of emergency oil stockpiles in history was announced. Why crude may keep rising

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The oil market sent a clear signal this week that a massive release of stockpiled crude by the U.S. and its allies is nowhere near enough to address the unprecedented supply disruption triggered by the Iran war. More than 30 nations in Europe, North America and Northeast Asia agreed to flood the market with 400

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Macron Pledges No ‘Respite’ For Russia Despite Mideast War

Macron Pledges No ‘Respite’ For Russia Despite Mideast War

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Ukraine’s President Volodymyr Zelensky (L) and France’s President Emmanuel Macron (R) arrive for a press conference following talks focused on the support from France and European partners to help Ukraine defend itself, and on ways to increase pressure on Russia, at the Elysee Presidential Palace in Paris on March 13, 2026. Photo by LUDOVIC MARIN

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Dow Jones Today | US Stock Market LIVE: Dow dives 500 points as oil jumps, Iran says it will keep Strait of Hormuz shut

Dow Jones Today | US Stock Market LIVE: Dow dives 500 points as oil jumps, Iran says it will keep Strait of Hormuz shut

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Home Market News Dow Jones Today | US Stock Market LIVE: Dow dives 500 points as oil jumps, Iran says it will keep Strait of Hormuz shut Dow Jones Today | US Stock Market LIVE Updates: Stocks were under pressure on Thursday (March 12) as oil prices added to their surge on supply disruption worries

Dow Jones Today | US Stock Market LIVE: Dow dives 500 points as oil jumps, Iran says it will keep Strait of Hormuz shut Read More »

Crude oil prices threaten another $100-per-barrel run, on fresh Iran warnings

Crude oil prices threaten another $100-per-barrel run, on fresh Iran warnings

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Global crude oil prices once again pushed toward the $100-per-barrel mark, reaching a high of $98.49 during the Asian trading session of March 12, 2026. Tracked by Brent, the commodity had briefly crossed the threshold earlier on March 9, surging to $113.73 in early trading before retreating and closing around $86 per barrel by the New York session.

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