Oil prices rose on Tuesday, paring losses from the previous session, as a weaker U.S. dollar offset widening COVID-19 curbs in China that have stoked fears of slowing fuel demand in the world’s second-largest oil consumer. Brent crude for January delivery rose 73 cents, or 0.8 per cent, to $93.54 a barrel at 0406 GMT […]
The NIGERIA LNG Limited (NLNG) has called on stakeholders in the domestic Liquified Petroleum Gas (LPG) value chain to invest in the supply of the product to ensure a reliable and steady stream of supply to the market. Dr Philip Mshelbila, Managing Director of NLNG made the call at a conference in conjunction with the […]
Rowdiness and long queue resurfaced in many fuel stations in Lagos, on Tuesday, following a short supply of petrol, resulting in panic buying by motorists. The NewsZenith reports that queues are beginning to build in some filling stations in Lekki-Aja, Victoria Island, Apapa, Maryland, Onipan, Ikoyi Mjushin and Victoria Island among others. Our correspondent also […]