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Why we raised fuel price to N143.80 per litre ― PPPRA

How fuel stations adjusted price after PPPRA ‘guiding mark’

…Insists FG’ll not leave pricing to marketers alone By Michael Eboh The Petroleum Products Pricing Regulatory Agency (PPPRA) has explained that the increase in its guiding price of Premium Motor Spirit, also known as petrol, to N143.80 per litre was not as a result of the prices of crude oil alone, but mainly as a
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50 unsold cargoes of Nigeria’s oil await buyers

Oil prices set to end week with strong gains

Oil prices rose in Asian trade Friday and were set to end the week with strong gains on signs demand is returning as some governments ease tough coronavirus lockdowns. US benchmark West Texas Intermediate gained 4.5 percent to change hands at $24.62 per barrel, and has risen around 25 percent this week. International benchmark Brent
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50 unsold cargoes of Nigeria’s oil await buyers

US oil price closes at -$37.63/barrel

Oil prices ended New York trading in the negative on Monday for the first time ever, as a supply glut forced traders to pay others to take the commodity. With space to store oil scarce, US benchmark West Texas Intermediate for May delivery ended trading at -$37.63 a barrel ahead of Tuesday’s close for futures
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50 unsold cargoes of Nigeria’s oil await buyers

Oil price collapses to $0.01/barrel

The US benchmark crude oil price collapsed on Monday, falling to one cent a barrel amid an epic supply glut caused largely by the coronavirus pandemic’s hit to demand. After beating the record low multiple times, West Texas Intermediate (WTI) for May delivery continued to sink to the unheard of price of a penny a
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