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Nigeria’s Dangote refinery gasoline unit could be shut for 2-3 months, IIR says

Nigeria’s Dangote refinery gasoline unit could be shut for 2-3 months, IIR says

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Kerosene Now Over ₦2,000 per Litre as Price Climb 41% in a Year

Kerosene Now Over ₦2,000 per Litre as Price Climb 41% in a Year

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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

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Oil Prices Slip After API Reports Unexpected Inventory Build

Oil Prices Slip After API Reports Unexpected Inventory Build

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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

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Kerojet Services moves to promote tech in communities

Kerojet Services moves to promote tech in communities

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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

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Oil holds in tight range, rising output offsets Russia supply disruptions

Oil holds in tight range, rising output offsets Russia supply disruptions

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Oil prices traded in a tight range on Monday as worries about rising output and the impact of U.S. tariffs on demand offset supply disruptions stemming from intensified Russia-Ukraine airstrikes. Brent crude fell 12 cents, or 0.18%, to $67.36 a barrel by 0046 GMT, while U.S. West Texas Intermediate crude was at $63.88 a barrel,

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Why Is Tech Worried When Stocks Like Chevron Drop On Global Oil Worries?

Why Is Tech Worried When Stocks Like Chevron Drop On Global Oil Worries?

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Chevron’s stock declined sharply this week before paring back losses, as mounting concerns about volatility in the global oil markets spooked traders. Another group of worried market watchers? Tech companies, big and small. Casual observers sometimes wonder why technology stocks—often seen as disconnected from the oil industry—sometimes react sharply to oil price movements and related

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