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HomeBUSINESSBREAKING: Dangote Refinery increase Petrol Price as crude oil surges

BREAKING: Dangote Refinery increase Petrol Price as crude oil surges

Dangote Refinery has increased the ex-depot price of Premium Motor Spirit (petrol) by N75 per litre.

The adjustment, announced on Wednesday, sees the price rise from N1,200 to N1,275 per litre.

 

Coastal prices were also reviewed upward, now standing at N1,215 per litre.

 

The latest hike comes amid rising global crude oil prices, with Brent crude trading around $114.80 per barrel, reflecting a 3.15 percent increase.

 

Reports indicate that Brent crude climbed further to about $115 per barrel, while West Texas Intermediate rose to approximately $103 per barrel on Wednesday.

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