Petrol prices increase at Dangote refinery, other depots Petrol prices increase at Dangote refinery, other depots. Prices of Premium Motor Spirit (PMS), commonly known as petrol, have once again increased across major depots and also at Dangote Petroleum refinery....READ ORIGINAL & FULL CONTENT FROM SOURCE |
The changes signal an imminent adjustment of petrol prices at filling stations nationwide. The price changes at depots are in response to a global oil rally following a sudden military escalation between Israel and Iran.
On Thursday, Brent crude, the international benchmark for oil, traded above $75 per barrel, exceeding Nigeria’s 2025 budget benchmark. Data obtained from petroleumprice.ng shows that several depot operators, including Emadeb, Pinnacle, Swift, and Rainoil Lagos, raised their prices by as much as…Read The Full Article/Content Here.