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Scrap outdated petroleum price floors – COPEC to NPA
19 Jan 2026 10:02 GMT
… to remove price floors set out in the 2024 petroleum products pricing guidelines … .
COPEC says the policy, which prevents Petroleum … it could allow oil marketing companies (OMCs) to reduce fuel prices further when …
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NNPC petrol prices in Abuja, Lagos, other states this week
19 Jan 2026 13:50 GMT
… petrol price this week, despite changes in global crude oil prices
Checks … extremes, with Abuja pricing petrol at N815 per … , Nigeria’s downstream petroleum market closed the third … locations, while Automotive Gas Oil (AGO) prices eased modestly following …
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Where Will the WTI Oil Price Land in 2026 and 2027?
19 Jan 2026 13:44 GMT
… front month WTI crude price will average $64 per barrel in 2026 and … that the WTI crude oil price will average $54 per barrel in 2026 and … where they expect the WTI crude oil price to be at various … participants what they expect WTI prices to be in six months …
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Venezuela's Oil Exports Reportedly Dropped 75% Compared To Prior Months Since Maduro's Capture
19 Jan 2026 13:41 GMT
… 440,000 barrels a day at heavily discounted prices and … shadow fleet carrying Venezuelan crude, oil that managed to leave … has two fuel factories that can process Venezuelan crude, company … secure the best possible price for Venezuelan crude, adding that Trump …
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Venezuela oil India: Russia oil imports stopped, will India turn to Venezuela next? Big decision expected soon
19 Jan 2026 11:53 GMT
… Industries, Indian Oil Corporation and Hindustan Petroleum Corporation are … pricing align with their requirements.
Expansion Plans in Retail Fuel … supply 50 million barrels of crude oil to the United … carefully balancing compliance, cost, and supply security …
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Why Oil Prices Are Telling Us Clean Electrification And Resilience Are The Energy Stories For 2026
19 Jan 2026 10:09 GMT
… oil prices have remained anchored near the low-$60s per barrel. Brief price … renewed attention on its oil sector – crude quality, production constraints … fuel demand globally.
Customers look at BYD electric cars … and sharply falling costs for renewables and …
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No filling station sells cheaper petrol than Dangote products – Oil Marketers
19 Jan 2026 10:08 GMT
Oil marketers have refuted claims that some retail petroleum outlets are selling fuel … Actually, Nigerians like low-pricing petroleum products.
‘’Well, you … given logistics costs,‘’ Ogah said.
Price war
About … the cut in prices represents a significant …
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Understanding the price floor regime set by NPA
19 Jan 2026 11:43 GMT
… relief: Critics say falling global oil prices and a stronger cedi do … cheaper local fuel because of the price floor.
Despite the floor, fuel prices have … 3% drop in petroleum product costs during the current pricing window.
GOIL, the …
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Fuel prices in Jordan likely to drop next month – expert
19 Jan 2026 13:20 GMT
… fuel pricing mechanisms.
He attributed the expected decline mainly to lower global oil prices … in crude prices has directly reflected on local fuel prices, … demand for oil and petroleum products comes … cost of importing oil and fuel, contributing to price …
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Natural Resources Outlook: Gold and copper remain supported; oil and grains could recover
19 Jan 2026 13:30 GMT
… -term implications for the oil price are negative. Natural … price expectations look unduly conservative relative to the cost … As incremental OPEC barrels are absorbed, pricing is likely to … for the eventual recovery in oil prices," Gooden added.
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