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Dangote Refinery to Resume Full Gasoline Output in June

Jun 10, 2026

Nigeria's Dangote oil refinery expects its gasoline-making unit to return to full capacity by mid-June following repairs to a flue gas slide gate valve. The facility reduced output in May due to technical issues and feedstock availability, leading to a significant drop in recent fuel exports.

Nigeria's Dangote oil refinery expects its gasoline-making unit to return to full capacity by mid-June following repairs to a flue gas slide gate valve. The facility reduced output in May due to technical issues and feedstock availability, leading to a significant drop in recent fuel exports.
Brent crude rose to $92.77 a barrel after President Trump signaled potential new strikes against Iranian infrastructure following recent military exchanges. While falling U.S. inventories support prices, ongoing tensions in the Strait of Hormuz continue to impact global supply stability.

Oil prices rise as Trump warns Iran after new strikes

Spot gold fell 2.7 percent to $4,148.86 as renewed fighting between the U.S. and Iran dimmed peace hopes and fueled concerns over persistent inflation. Investors are shifting focus to upcoming CPI data as rising oil prices increase the likelihood of further interest rate hikes later this year.

Gold drops to two month low on inflation and rate fears

The national fuel producers association UNEM expects Italy to spend nearly 60 billion euros on energy imports this year due to rising oil prices. This estimate assumes Brent crude averages 90 dollars per barrel as global oil flows remain disrupted by the ongoing Middle East crisis.

Italy energy import costs to reach 60 billion euros
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