Nigeria Raises Petrol Prices Despite Global Crude Oil Price Decline

Downstream fuel operators increased Premium Motor Spirit prices to N1,212 per litre, defying downward trends in international crude markets.

27 Aug, 04:25 — 27 Aug, 04:25

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vanguard-ngMixed4d ago

Despite fall in crude price, petrol hits N1,212 per litre

Despite drop in price of crude in the global oil market, operators in Nigeria’s downstream sector have increased the prices of Premium Motor Spirit, PMS, also known as petrol, by an average of N1,212 per litre from N1,158 per litre, an increase of 4.7 per cent... The post Despite fall in crude price, petrol hits N1,212 per litre appeared first on Vanguard News.

By olufemiajasa

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Nigeria Raises Petrol Prices Despite Global Crude Oil Price Decline

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Despite fall in crude price, petrol hits N1,212 per litre

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