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NNPC crashes price of diesel by 42%

The Group General Manager, Public Affairs Division of the Nigerian National Petroleum Corporation (NNPC), Mr. Ndu Ughamadu has said that the corporation crashed the price of diesel by 42 per cent. In…

US producers drag down oil prices

Oil prices dipped on Monday, weighed down by a continuing expansion in U.S. drilling that has exacerbated the supply glut, despite an OPEC-led initiative to cut production to tighten the market. Signs…