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US-Iran crisis pushes oil to $87, Nigeria gains $22/barrel
['Urowayino Jeremiah']
Vanguard News
The latest mid-day price report showed that petrol prices in Lagos remained relatively stable, with some depots recording marginal declines.
At African Terminal, petrol price dropped by N4 per litre to N1,165 from N1,169.
Aiteo reduced its depot price to N1,165 from N1,168, while NIPCO cut its price by N2 to N1,166.
Dangote and Pinnacle maintained their petrol prices at N1,166 per litre.
The mixed movements indicate continuing volatility in Nigeria’s downstream petroleum market, with depot prices varying according to location, supply conditions and individual depot pricing.