Dangote Refinery reduced petrol price by N175 per litre

Dangote Refinery reduced the premium centrifugal tone ex-depot terms by N175 per litre successful the past 3 weeks, DAILY POST reports.

Checks by DAILY POST connected Wednesday showed that Dangote Refinery had adjusted substance price astatine slightest a 4th clip to N1,075 per litre from N1,250 connected June 16, 2026.

This means that successful the play nether reappraisal substance prices had dropped by 14 per cent since June 16.

The improvement comes arsenic the home petrol pump terms adjusted to a sustained driblet successful the past 3 weeks to betwixt N1,155 per litre and N1,299 per litre.

However, Brent and West Texas Intermediate crude prices rose connected Wednesday to betwixt $78.19 and $73.70 per tube connected July 8, 2026.

Recall that airstrikes successful the Middle East resumed aft United States President Donald Trump announced an extremity to the ceasefire aft astir 5 months of situation successful the Gulf region.

Dangote Refinery reduced petrol terms by N175 per litre