Nigerian filling stations under pressure to reduce fuel price as crude oil falls

Nigerian filling stations under pressure to reduce fuel price as crude oil falls

The fresh drop in crude oil prices at the weekend has put Nigerian petroleum products marketers and refiners under pressure to cut the price of Premium Motor Spirit, PMS. A market survey by DAILY POST on Sunday showed that Brent crude and West Texas Intermediate (WTI) dropped by 0.99 per cent and 1.58 per cent to $103.9 […] Nigerian filling stations under pressure to reduce fuel price as crude oil falls

Crude Oil Prices Fall Again as Nigerians Await Possible Petrol Price Cut

Global crude oil prices recorded another decline on Monday, raising fresh expectations that petrol pump prices could come down in Nigeria.A market survey by DAILY POST showed that Brent crude fell to about $101.50 per barrel, while West Texas Intermediate (WTI) dropped to approximately $98 per barrel at the time of reporting.The latest figures represent declines of 2.29 per cent for Brent crude and 2.37 per cent for WTI, compared with their resp…

Petrol price relief in sight as crude, depot rates fall, marketers face pressure to cut prices

Global crude and depot prices fall, fuelling hopes of cheaper petrol in Nigeria as NMDPRA explains pump pricing under the deregulated market as debate grows.

Filling Stations Reduce Petrol Prices

The Genius Media NG Amid Middle East Crisis, Nigerian Filling Stations Reduce Petrol Prices Amid Middle East Crisis, Nigerian Filling Stations Reduce Petrol Prices   Nigerian filling stations have reduced their petrol pump prices to remain competitive in the country’s downstream petroleum sector. A market survey by Newsmen showed that while petrol prices have remained high, AA Rano, Mobil and some other filling stations have slightly reduced the…

Nigerian filling stations under pressure to reduce fuel price as crude oil falls - NewsTmes.com.ng

The fresh drop in crude oil prices at the weekend has put Nigerian petroleum products marketers and refiners under pressure to cut the price of Premium Motor Spirit, PMS. A market survey by DAILY POST on Sunday showed that Brent crude and West Texas Intermediate (WTI) dropped by 0.99 per cent and 1.58 per cent to $103.9 …

Crude Oil Price Drop Pressures Nigerian Petrol Marketers to Cut PMS

A decline in global crude oil benchmarks over the weekend has intensified pressure on Nigerian petroleum marketers and refiners to lower pump prices for Prem...