Tags : Brent crude

Petrol Price May Hit N190 Per Liter As Crude Oil

Ayomide Oyewole 08/02/2021

Nigeria Oil Marketers on Sunday said with the current global crude oil markets realities, the price of Premium Motor Spirit (petrol) in Nigeria will hit N185 to N200 per litre unless the Federal Government wants to subsidise the product. The Executive Secretary/Chief Executive Officer, Major Oil Marketers Association of Nigeria, Clement Isong who made this known in an […]Read More

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Oil Nears $56, FG May Reintroduce Fuel Subsidy.

Ayomide Oyewole 11/01/2021

The sustained increase in global crude oil prices has pushed up the landing cost of imported petrol closer to the current pump prices of the product in Nigeria, and appears to have triggered a return to petrol subsidy era, Since November 13, 2020 when the pump prices of Premium Motor Spirit (petrol) were last increased […]Read More