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MRS increases fuel price by N85 per litre

Nigerian filling station operator, MRS, has increased the pump price of Premium Motor Spirit, PMS, again. A market survey by DAILY POST on Saturday showed that MRS filling station adjusted its petrol price to N1,395 from N1,310 per litre in Abuja and its environs. This means that the filling station raised its petrol pump price […] MRS increases fuel price by N85 per litre

MRS increases fuel price by N85 per litre

Fuel prices in Abuja and surrounding areas have once again risen, as announced by Nigerian filling station operator MRS. The latest increase, imposed on Saturday, saw the price of Premium Motor Spirit (PMS) jump from N1,310 to N1,395 per litre, a difference of N85 per litre. This rise follows Dangote Refinery's recent hike of N85 per litre to N1,350 per litre, in response to crude oil prices breaching the $100 per barrel mark.

Prior to MRS's latest decision, other filling stations had already adjusted prices within the range of N1,310 to N1,350 per litre. Consequently, the current petrol price spectrum in Abuja and its environs now stretches from N1,345 to N1,395 per litre. As of the report's publication, Brent crude oil was valued at $104 per barrel, while West Texas Intermediate (WTI) crude oil was at $100 per barrel.

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.

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