fuel prices

35 Articles
World

Rising Fuel Costs Raise Fears of Worldwide Economic Slowdown

Economic analysts are warning that sustained increases in fuel prices are creating mounting risks for global growth, as energy expenses ripple through transportation,...

World

Governments Release Emergency Oil Reserves to Calm Global Energy Markets

Governments across several major economies have begun releasing emergency oil reserves in an effort to calm global energy markets as tensions in the...

World

Finance Minister Wale Edun Defends Rising Fuel Prices Amid Middle East Crisis

Nigeria’s Minister of Finance Wale Edun has defended the recent surge in petroleum product prices, saying the increases reflect market realities and urging...

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...

World

Greek Farmers Rally in Athens Over Rising Costs and Delayed Government Support

Thousands of Greek farmers gathered in Athens to protest rising production costs and delays in government support payments, bringing tractors and agricultural vehicles...

World

International Energy Agency Warns of Volatile Oil Markets Amid Geopolitical Risks

The International Energy Agency has issued a warning over increasing volatility in global oil markets citing rising geopolitical risks and supply uncertainties. According...

Economy

Nigerians Spent N1.58tn on Petrol During Yuletide — Report

Nigerians spent an estimated N1.58 trillion on petrol in December 2025, reflecting heightened fuel consumption during the Yuletide period, according to official data...

Economy

PETROAN Calls for Steady Crude Supply, Predictable Pricing to ilise Fuel in 2026

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has urged the Federal Government and regulators to ensure steady crude supply to...

Politics

Analyzing Tinubu’s Performance: Opinions from Politicians and Citizens Alike

As President Bola Ahmed Tinubu approaches the midpoint of his first term, assessments of his administration's performance reveal a complex landscape marked by...

Politics

Nigeria’s Shock Therapy: President Bola Tinubu’s Administration Has Initiated Significant Economic Reforms

Nigeria's economy is undergoing significant transformations under President Bola Tinubu's administration, which has implemented a series of bold reforms aimed at addressing longstanding...