Market Report: Fuel in Nigeria to Cost $0.78 Per Litre Following a Subsidy Removal in 2022
There will be no provision for a subsidy legally after the passing of the Petroleum Industry Act.
Read the latest Archives of oil, gas and energy news.
There will be no provision for a subsidy legally after the passing of the Petroleum Industry Act.
The Angolan government is considering severe tax applications and robust border control in its continued efforts to eradicate fuel smuggling to neighboring countries.
The OSPs for May are said to cut values for all its grades.
The assurances follow the COVID-19 Pandemic.
A steady supply in developments and agreements made, to improve production.
OTMS will consist of twelve 1.1 million-barrel in-ground crude-oil storage tanks.
This comes after the 150 percent fuel price hike implemented earlier this year.
The streets of Zimbabwe’s major cities were in turmoil this week as protesters reacted violently to a large increase in the cost of fuel.
Oil prices decline, giving back earlier gains as optimism over U.S.-China trade talks wear off.
Oil prices fall below $50 for the first time in over a year amid persistent oversupply concerns.