Nigerian depot owners reduce fuel prices cheaper than Dangote petrol

Nigerian petroleum depot owners, connected Wednesday, reduced their ex-depot petrol terms per liter little than Dangote Refinery’s gantry fuel.

Checks by DAILY POST reports that AA Rano, Sahara, Soroman, Bovas, and Alkanes person each dropped their ex-depot petrol terms to N1,270 per liter from betwixt N1,285 and N1,290 per liter.

The latest ex-depot depot’s petrol terms is N5 little than Dangote Refinery’s gantry, which stood astatine N1,275.

The driblet comes arsenic planetary crude lipid prices, specified arsenic Brent and West Texas Intermediate, fell to beneath $100 per tube connected Tuesday connected the backmost of the president of the United States’ bid connection with Iran.

DAILY POST reports that with the falling crude lipid prices, Dangote Refinery is nether unit to slash its gantry beneath N1,275 per liter.

Meanwhile, retail petrol prices stood astatine N1,361 and N1,380 per liter successful Abuja arsenic of the clip of filing this report.

DAILY POST reports that terms adjustments successful gantry oregon ex-depot petrol straight interaction retail prices.

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