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  • US-Iran truce could slash petrol price to N900 – Operators | Why imported fuel landing cost is …

    US-Iran truce could slash petrol price to N900 – Operators | Why imported fuel landing cost is …

    Explore the latest developments concerning US-Iran truce could.

    US-Iran truce could slash petrol price to N900 – Operators

    The price of Premium Motor Spirit (petrol) may drop to as low as N900 per litre in the coming days if the proposed peace deal between the United States and Iran materialises and crude oil prices continue their downward trend, industry operators have stated.

    Recent developments in the Middle East have triggered a sustained decline in global oil prices, fuelling expectations that fuel prices could also fall at the pumps.

    From over $120 per barrel in April, crude oil prices dropped to about $87 per barrel as of Sunday. The sustained decline, coupled with plans to reopen the Strait of Hormuz, is generating cautious optimism among fuel marketers that prices of petrol, diesel and aviation fuel may ease in the coming days.

    Bonny Light plunges as US-Iran truce threatens Nigerian oil premium

    Nigerian crude blends and major oil contracts plummeted after the US and Iran reached a temporary agreement to put an end to their months-long conflict.

    Nigerian crude blends and major oil contracts plummeted after the US and Iran reached a temporary agreement to put an end to their months-long conflict.

    The peace initiative and subsequent announcement that the Strait of Hormuz -a vital transit corridor, handling 20% of global oil traffic- is to be reopened sent to the markets tumbling.

    Immediately, light sweet crudes such as Bonny Light, the flagship Nigerian oil, and Qua Iboe came under pressure.

    Prices reacted to the impending reintroduction of stranded Middle Eastern oil to the market.

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    The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.

    For more detailed information, explore updates concerning US-Iran truce could.

    For more news…

  • Bunnings’ bold move to slash homeowner bills | Bunnings move to slash electricity bills for Aus…

    Bunnings’ bold move to slash homeowner bills | Bunnings move to slash electricity bills for Aus…

    Explore the latest developments concerning Bunnings’ bold move.

    Bunnings’ bold move to slash homeowner bills

    Bunnings will see homeowners access solar systems without paying thousands upfront. Picture: Paul Kane/Getty Images.

    Cult retail giant Bunnings has unveiled a new plan to slash homeowner bills by up to 25 per cent.

    The hardware giant has expanded its Zelora program into Queensland, Victoria and South Australia after a successful trial in New South Wales, letting households install home upgrades for hundreds rather than thousands upfront.

    Big bank mortgage shock as rates rise twice ahead of RBA

    Zelora solar systems are now available on a subscription basis over 10 years at Bunnings in major cities in Queensland, Victoria and South Australia after a successful NSW trial period.

    Bunnings move to slash electricity bills for Aussie households: 'Meaningful savings'

    Hardware giant Bunnings is rolling out a new subscription service across the country, which it says will make solar and batteries more accessible for Aussies. More than one in three Aussie households now have rooftop solar, and an increasing number are buying batteries, but the upfront cost is often a major deterrent.

    Following a trial in Sydney and Newcastle last year, Bunnings is today expanding its solar and battery subscription offering 'Zelora' across metropolitan Queensland, Victoria and South Australia. The service allows customers to avoid big upfront costs and instead pay monthly, with full ownership of the system at the end of a 10-year term.

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    Bunnings and Intellihub expand solar and home battery offer

    Bunnings and Intelluhub are expanding their home electrification offer, Zelora, bringing more affordable solar and battery options to Australians.

    Following a successful trial in Sydney and Newcastle last year, Zelora is now being rolled out across metropolitan Queensland, Victoria, and South Australia, significantly increasing access to the offer nationwide.

    Zelora provides a subscription-based model that allows customers to pay monthly, with full ownership of the system at the end of the 10-year term. The offer is backed by Bunnings and delivered in partnership with Intellihub.

    Related article: Bunnings and Intellihub launch rooftop solar and battery offer

    The subscription includes ongoing performance monitoring, fault resolution, smart energy optimisation and centralised customer support, which is managed via a mobile app. This helps households optimise and manage their energy use, maximise savings, and provide grid responsiveness.

    For more detailed information, explore updates concerning Bunnings’ bold move.

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