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Nigeria Slashes Petrol Pump Price again

The Nigerian Government has announced a further reduction in the Premium Motor Spirit (PMS)’s pump price to N123.50 per litre. The Petroleum Products Pricing Regulatory


OPEC+ to reduce production cuts in August to 7.7 million barrels a day

The Organization of the Petroleum Exporting Countries (OPEC) and its allies have agreed to increase crude oil supply starting from next month, as demand continues to rise to pre-pandemic levels. OPEC+ agreed to reduce