Again, Dangote Refinery Reduces Petrol Ex-Depot Price to N835/Litre
Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, to N835 per litre.
This is the second time the refinery has reduced the ex-depot price of the refined product within two weeks.
This downward price adjustment comes in response to a drop in international crude oil prices, which have recently fallen to $64 per barrel from over $70 per barrel.
Prior to this, the refinery had already lowered its gantry price from N880 to N865 per litre. However, the reduction was not reflected at the consumer level by oil marketers.
📢 Follow National Periscope on WhatsApp
Get breaking news and updates directly on WhatsApp.
Join WhatsApp ChannelPost Disclaimer
All rights reserved. This material and other digital content on this website are not and do not represent the stance of National Periscope but the statements of newsmakers mentioned therein.
For your detailed news reportage... contact the Editor at Joel2oladele@gmail.com
Saudi Arabia to invest in Nigeria’s refineries, support CBN Read more
The Nigerian National Petroleum Company Limited (NNPCL) has announced another Read more
NNPCL insists Port Harcourt refinery will be ready before year Read more
FX crisis reignites questions over NNPC’s dollar remittance “Why is Read more