With 131 refineries currently in operation, the United States has long been the global leader in oil processing capacity, but ...
Malaysia is said to follow a “buy cheap, sell high” strategy in the global oil trade. But what exactly is bought cheaply and sold at higher prices? This article explains.
Nigeria spent over N5 trillion on crude oil imports in 2025 despite being Africa’s largest oil producer, as domestic ...
The Dangote Petroleum Refinery says the recent N100 increase in its petrol ex-depot price was driven by rising global crude ...
As the Strait of Hormuz remains largely blocked amid the US-Israel war on Iran, Saudi Arabia is redirecting crude through its ...
Energy experts in Nigeria’s downstream petroleum sector have firmly backed the Dangote Refinery’s N995 per litre gantry price ...
Despite its status as Africa’s largest crude oil producer, Nigeria imported crude oil worth a staggering N5.734tn between January and December 2025 as domestic refineries grappled with persistent ...
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