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Oil Prices Slip to Two-Week Low on US Recession Fears

Motoring World - 0
Oil fell for a fourth session today (Friday, 10th March 2023), heading for its biggest weekly loss in five weeks on worries about the...
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ENERGY

Nigerian Military Destroys 74 Illegal Refineries, Apprehends 71 Criminals in 2 Weeks

Motoring World - 0
Nigeria's Defence Headquarters says troops of Operation Delta Safe have discovered and destroyed 74 illegal refining sites in the Niger Delta region in the...
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ENERGY

Experts Counsel Nigerian Government on Fuel Subsidy Payment

Motoring World - 0
The Federal Government of Nigeria has been urged to totally deregulate the petroleum industry and reinvest its subsidy payment to more productive sectors of...
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ENERGY

Oil Falls by $3/bbl as Investors Brace for Steeper US Rate Hikes

Motoring World - 0
Oil prices fell by $3 a barrel on Tuesday after comments from U.S. Federal Reserve Chair Jerome Powell stoked rate hike fears, the dollar...
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ENERGY

Oil Rises on Easing US Rate Hike Fears, China Demand Hopes

Motoring World - 0
Oil prices rose on Thursday, boosted by signs of a strong economic rebound in top crude importer China and easing worries of aggressive U.S....
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ENERGY

Oil Prices Heads for Weekly Loss on Rate Hike Worries, Ample Supply

Motoring World - 0
Oil fell almost 3% today (Friday) and was on course for a weekly decline, pressured by concerns of more U.S. Federal Reserve interest rate...
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ENERGY

Global Oil Prices Fall as U.S. Crude, Fuel Inventories Swell

Motoring World - 0
Crude prices eased on Thursday as the devastating earthquake that struck the Middle East appeared to spare serious damage to oil infrastructure, while U.S....
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ENERGY

Oil Prices Rise in Choppy Trade on China Demand Hopes

Motoring World - 0
Oil prices edged higher in choppy trading on Monday, as markets weighed a return in demand from China against supply concerns and fears of...
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ENERGY

Oil Prices Crash, as Rate Hikes Loom, Russian Flows Stay Strong

Motoring World - 0
Crude Oil prices fell today (Monday), giving up earlier gains, as looming interest rate hikes by major central banks and signs of strong Russian...
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ENERGY

Oil Steady, as China Reopening is Balanced by Economic Concerns

Motoring World - 0
Crude oil prices remains steady today (Tuesday) as concerns about a global economic slowdown and expected build in U.S. oil inventories were offset by...
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ENERGY

Group Demands Immediate End to Fuel Scarcity in Nigeria

Motoring World - 0
The National Association of Energy Correspondents (NAEC) have called on the Nigerian government agencies responsible for regulation and supply to immediately arrest the worsening...
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ENERGY

Lingering Fuel Scarcity: Lagos to Regulate Activities of Oil Marketers

Motoring World - 0
ROTIMI ASHER Due to the lingering fuel scarcity across the Country, which has continued to affect the free flow of traffic in Lagos, the State...
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Toyota Launches Pedestrian-Mobility-Assistance Machine, C+walk

Around-the-World Motoring World - 0
Toyota Motor Corporation (Toyota) has released the C+walk S, a pedestrian-mobility-assistance model that is the second in the new C+walk mobility series. The C+walk S...
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Hyundai Develops Automatic Charging Robot for Electric Vehicles, Releases Video

Around-the-World Motoring World - 0
Hyundai Motor Group (the Group) has developed an automatic charging robot (ACR) for electric vehicles (EV), and today (Tuesday) released a video showing its...
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Mitsubishi XRT Concept to Debut at Motor Show

Around-the-World Motoring World - 0
Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) will display the Mitsubishi XRT Concept – a concept car of the all-new Triton pickup truck at the...
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Safety Tips for Motorists during Unrest

Road Safety Motoring World - 0
Following the just concluded general election in Nigeria, certain groups and political parties are beating the drums of protest. Historically, during protests, motorists are...
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