Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the potential impact of U.S. tariffs, with prices mostly reversing early losses as a tight physical market lent support. The Organization of the Petroleum Exporting Countries and their allies, a group known as OPEC+,…
While there are many factors affecting road safety in trucking that cause loss of life and extensive damage, not enough attention is paid to truck fires which present a great risk globally. The United States has an estimated 7 000 truck fires annually. According to the CEO of the South African-based MasterDrive, Eugene Herbert, most…
In a bid to advance gender inclusion and technical skills development in the Nigeria Automotive Industry, the National Automotive Design and Development Council (NADDC) has embarked on training of women on Compressed Natural Gas (CNG) vehicle conversion. A five-day training, which commenced on June 30, 2025 in Edo State, is Organized in collaboration with the…
Oil prices were slightly higher on Tuesday as investors assessed expectations that OPEC+ will announce an output hike for August at an upcoming meeting as well as trade negotiations. Brent crude was up 54 cents, or 0.8%, to $67.28 a barrel at 1133 GMT, while U.S. West Texas Intermediate crude was up 56 cents, or…
