Petrol depot prices fall, pump cuts loom

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Petrol depot prices in Nigeria have declined by up to 24 Naira per litre amid falling international crude oil prices, prompting expectations of reduced pump prices as stations restock.

By Udeme Akpan, Energy Editor LAGOS — Petrol depot prices fell by as much as N24 per litre in Lagos on Tuesday, raising expectations of pump-price cuts as filling stations replenish stocks bought at the lower rates. The reductions, recorded across major markets, came amid a decline in international crude oil prices, while diesel prices […] The post Petrol depot prices fall, pump cuts loom appeared first on Vanguard News.