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Dangote, marketers cut petrol prices as crude falls

Dangote Refinery and other marketers have cut petrol prices across major depots in Nigeria following a decline in international crude oil prices. Read More: https://punchng.com/dangote-marketers-cut-petrol-prices-as-crude-falls/

Dangote, marketers cut petrol prices as crude falls

Dangote Petroleum Refinery and other petroleum marketers in Lagos, Port Harcourt, Calabar, and Warri have cut the prices of Premium Motor Spirit (petrol) following a decline in international crude oil prices. The reductions were recorded in the latest depot price report published by Petroleumprice.ng, with the biggest adjustments seen in Lagos, where several operators cut their petrol prices by between N20 and N24 per litre.

Brent crude traded below $100 per barrel, while the United States benchmark, West Texas Intermediate, also declined to $91.17 per barrel.

Brief written by urgent.news from Punch's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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