BREAKING: Dangote Refinery increases diesel price as crude tops $94 per barrel
Dangote Refinery has increased the price of Automotive Gas Oil, AGO, otherwise known as diesel, at its gantry nationwide as crude oil prices topped $94.13 per barrel. A market survey conducted by DAILY POST on Thursday showed that the refinery has raised its AGO price to N1,670 per litre from N1,570. This means that the […] BREAKING: Dangote Refinery increases diesel price as crude tops $94 per…
Breaking: Dangote Refinery hikes diesel price as crude oil surpasses $94 per barrel. The Nigerian refinery has raised the price of AGO, or diesel, to N1,670 per litre from N1,570 per litre, a 6.4 percent increase equivalent to N100 per litre. A market survey by DAILY POST indicates that the 700,000-barrel-per-day facility is yet to officially announce the price increase.
As a result, the pump price of diesel could exceed the current range of N1,700 to N1,790 per litre in Abuja. Notably, Dangote Refinery previously lowered diesel and PMS prices to N1,570 and N1,165 per litre on August 6. This development follows a rise in Brent crude and WTI crude prices by 2 percent and 3 percent, respectively, to $94.13 and $87.13 per barrel as of August 20, 2026.
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
