EnergyNotableEmergingDeveloping
10.0
Russia reports domestic fuel market stabilization following state intervention
The Moscow Times·RU·about 5 hours ago
Dangote Petroleum Refinery has shifted domestic fuel sales back to US dollars, marking the third such reversal since March 2025. This move undermines the government's naira-for-crude initiative and increases foreign exchange risk for local fuel marketers, signaling continued instability in Nigeria's domestic energy pricing mechanism.