Nigeria’s recent fuel price increase has ignited widespread concern, with many placing the blame on oil producers, particularly local operators like the Dangote Refinery. However, OPEC Secretary General, Haitham Al Ghais, has clarified the situation, pointing out that the real drivers of high fuel prices are taxes imposed by governments, including those of major oil-consuming […]Read More

Crude oil prices were on the rise Thursday morning, following the US Federal Reserve’s decision to reduce interest rates by 0.5% on Wednesday. While the announcement briefly lifted prices on Tuesday, the surge was short-lived, as it raised concerns about the state of the US economy. Later in the day, prices began to climb again, […]Read More