Tag
OIL SUPPLY
The global oil market’s supply buffer has shrunk significantly after more than 1 billion barrels were withdrawn from commercial inventories to cushion disruptions caused by the Middle East crisis, leaving the market increasingly vulnerable to further supply shocks.
Dangote Refinery is set to supply Premium Motor Spirit (PMS) popularly known as petrol to marketers next month, May 2024, according to sources familiar with the matter.