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Dangote, marketers don reduce petrol prices as crude price fall


The Dangote Petroleum Refinery and other petroleum marketers don reduce the prices of petrol for across major depots for Lagos, Port Harcourt, Calabar and Warri, after the drop for international crude oil prices.

Them record the reductions for the latest depot price report wen Petroleumprice.ng publish, with the biggest adjustments wen dem see for Lagos, where many operators for cut their petrol prices by between N20 and N24 per litre.

The reductions happen even as Brent crude trade for below $100 per barrel, while the United States benchmark, West Texas Intermediate, still drop go to $91.17 per barrel.

For Lagos, the Dangote Refinery reduce their fuel price from N1,350 go N1,325 per litre and dis one represent N25 reduction. 

Ascon, Integrated, Pinnacle and Sahara also cut their prices by N24, with their products wen dey sell now for between N1,326 and N1,327 per litre.

MRS reduce their petrol price by N20 go N1,332 per litre, while Wosbab record current price of N1,330.

The latest reductions na after one mixed movement for the international crude market.

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