Saudis may raise domestic gasoline by 80% to equal international prices
Businessam Staff
September 18, 2017
Saudi Arabia is considering a plan to phase out subsidies for gasoline and jet fuel in November at the latest, as the world’s biggest
Oil trims weekly drop as storm heads for Texas, gasoline surges
Businessam StaffAugust 25, 2017
Oil trimmed a fourth weekly decline as traders braced for the impact of Hurricane Harvey on a U.S. refining hub in the Gulf of Mexico.
Oil’s gloomy summer triggers hedge fund doubts on gasoline amid high demand of product
Businessam StaffJune 19, 2017
Hedge-fund pessimism about crude prices is spilling into gasoline markets, even at the time of year when demand is highest. With the
NNPC finalising $6 bln worth of oil-for-product swaps
Businessam StaffMay 18, 2017
Nigeria’s state oil company is in the final stage of signing $6 billion worth of deals to exchange more than 300,000 barrels per