energy costs

7 Articles
World

Global Markets Face Turbulent End to Quarter Amid Energy Price Surge

Global financial markets are closing the quarter under pressure as rising energy prices and geopolitical tensions weigh heavily on investor sentiment. Analysts report...

World

Oil Prices Record Sharp Monthly Increase Amid Ongoing Regional Tensions

Global oil prices have recorded a sharp monthly increase as ongoing regional tensions continue to disrupt supply expectations and market confidence. Analysts report...

Economy

Petrol Price Hits N1,332 Per Litre as Dangote Refinery Leads Multiple March Hikes

The price of Premium Motor Spirit (petrol) is set to rise to at least N1,332 per litre nationwide, following a fresh upward review...

World

Rising Oil Costs Place Pressure on Aviation, Shipping, and Manufacturing

Industries across the global economy are facing mounting financial pressure as rising oil prices increase operating costs for transportation and production. The recent...

World

Aluminum Prices Reach Four Year High as Energy Disruptions Affect Production

Aluminum prices have climbed to their highest level in four years as global markets react to energy disruptions linked to rising tensions in...

World

Global Oil and Gas Shipping Costs Hit Record Highs as Iran Crisis Disrupts Strait of Hormuz Traffic

Global shipping costs for oil and gas cargoes have surged to record levels as the escalating Iran crisis disrupts vessel traffic through the...

World

Fuel Prices Set to Rise in Pakistan from 1 March Amid Global Oil Surge

Pakistani authorities have announced that fuel prices are expected to increase from 1 March, reflecting the impact of rising global oil prices and...