gas prices

Vitol predicts demand drop amid rising oil, gas prices

World’s largest independent crude oil trader, Vitol, believes people might stop purchasing the commodity as price rises in global market – a situation being experienced in Nigeria. The oil major’s head of Asia, Mike Muller, said expensive energy will deplete…

Rising gas prices, crisis in the making

By Dakuku Peterside Nigerians are facing hydra-headed challenges on all fronts: debilitating insecurity, extreme poverty, hyperinflation, high cost of food and essential consumables, diminishing trust in government and its institutions at all levels, and worse, there is no clarity on the…

Market forces should determine gas prices – DPR

The Department of Petroleum Resources (DPR) has advocated that market forces should be allowed to determine gas prices to guarantee the security of supply and demand of the commodity. Chief Executive Officer, DPR, Mr Sarki Auwalu, disclosed this while presenting…