The Nigerian National Petroleum Corporation (NNPC) in a bid to sanitize the fuel distribution and supply system and eliminate the queues at filling stations across some cities in Nigeria, has warned that henceforth any oil marketer found to be involved in products diversion will have its Bulk Purchase Agreement with its mid-stream subsidiary, the Pipeline and Products Marketing Company (PPMC), revoked.Trump’s Sanctions Light a Fire Under Oil Prices
Oil markets roared back to life after Trump’s sanctions on Russia’s top oil producers sent prices surging. Trump’s sanctions on Russia’s top oil firms have cut short the past weeks’ downward pricing movement, with stories of record high crude on water, flattening backwardation curves and weakening Chinese SPR purchases now all put on the back…
October 24, 2025 • News


