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Nigerian Oil Marketers Call On NMDPRA To Ensure Level-Playing Field In Sector, Reject Monopoly
03 Feb 2026 12:50 GMT
… Act allows refineries or producers who cannot meet demand to import crude oil, … is no way one refinery can supply petroleum to a country as … .”
Highlighting the complexity of the petroleum industry, the marketers noted that …
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Fuel Pumps See Strong January Recovery As Sales Jump by 10%
03 Feb 2026 12:25 GMT
… volumes declined 3 percent.
Attock Petroleum Limited reported total sales of … higher diesel and other fuel sales.
Hascol Petroleum Limited, however, saw total … in transport fuel demand and higher diesel consumption, while furnace oil remains structurally …
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US Stocks Rise on Strong ISM Data; Dollar Steady, Oil Slides, Gold Rebounds – Comments from Century Financial
03 Feb 2026 11:43 GMT
The SPX index logged a 0.6% gain yesterday and is trading around 0.21% higher at $6,990 in today’s session.
This upside was underpinned by surprisingly strong readings from the ISM Manufacturing PMI, which printed 52.6 in January 2026, up from 47.9 in …
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Modi Appears to Cave to Trump, Agrees to Buy Venezuela Oil in Place of Russia’s, End Tariffs on US Agriculture
03 Feb 2026 12:52 GMT
… , including to China.
But Venezuelan crude oil is now being sold at … pushed Chinese refiners out of the market for the heavy crude from … used in making threats and demand of other nations, including repeatedly …
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SAKSHAM-2026 push for fuel conservation in line with global energy sustainability goals
03 Feb 2026 12:05 GMT
… rising energy demand, climate change, and dependence on fossil fuel imports, … Indian Oil Corporation Limited (IOCL), Sushant Goyal of Hindustan Petroleum Corporation … fuel conservation. The programme included a collective pledge to conserve oil and petroleum …
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Oil marketers lament petrol price hike, warn of sustained cost pressure
03 Feb 2026 10:32 GMT
… response to higher fuel prices.
“Yes, consumption has reduced. Demand is noticeably … rebound in global crude oil prices to around $70 per barrel.
Analysts attribute … coming days.
Last week, Dangote Petroleum Refinery announced an increase in its …
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India-US trade deal: Lower tariffs may boost solar exports, offer refiners greater supply flexibility
03 Feb 2026 10:53 GMT
…
The discounts on Russian crude oil were marginal prior to the … Tuesday reported that Indian refiners are reportedly winding down … of access, and long-term demand visibility,” said Gyanesh Chaudhary, … create a substantial new demand for high-efficiency, Made …
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Oil Corporation: No gas shortage in the market; additional 2,000 ton quota set for February
03 Feb 2026 11:58 GMT
… fuel is being imported to meet the high demand … sufficient to meet winter demand.
Acknowledging that minor issues … upcoming election and current demand, the corporation has decided … from various refineries and bottling plants of Indian Oil Corporation.”
…
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Greenpeace urges Winter Olympics to drop oil sponsor amid climate change dispute
03 Feb 2026 10:55 GMT
… Italian oil major Eni, warning that the company’s fossil fuel … Olympics need snow, not fossil fuels," Greenpeace declared in … Committee (IOC) to drop oil and gas sponsorship," Greenpeace … fails to account for global demand for fossil energy and …
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Rubber Ends Lower, Tracking Mixed Trends In Regional Future, Crude Oil Prices
03 Feb 2026 09:35 GMT
… signals from regional futures and crude oil prices, a dealer said.
He … Tuesday due to weak domestic demand.
At 3 pm, the Standard …