Browsing Tag
Fuel Prices
19 posts
IPMAN Denies Halting Fuel Collection at Dangote Refinery
IPMAN has clarified that its members are still loading petrol at the Dangote Refinery, despite reports suggesting a boycott over dollar-denominated pricing.
Marketers Warn of Potential Dollar-Based Fuel Sales Amid Dangote Refinery Deal Uncertainty
Petroleum marketers warn that Nigerians might be forced to pay for fuel in US dollars if the federal government does not urgently restore the naira-for-crude supply deal with the Dangote Refinery.
IPMAN reports petrol supply freeze due to price instability
IPMAN says independent marketers have paused petrol purchases and closed stations due to price uncertainty caused by the suspension of loading operations at the Dangote Refinery.
Petrol Importers Raise Depot Prices to N1,350 Per Litre
Petrol importers are raising depot prices to N1,350 per litre starting July 17, citing increased import costs and global shipping disruptions.
PETROAN Urges Immediate Reactivation of State-Owned Refineries to Stabilize Fuel Costs
PETROAN is calling for the urgent revival of government-owned refineries to combat rising fuel prices and currency instability following shifts in the downstream oil sector.
S&P Reports Dangote Refinery Insulates Nigeria from Global Fuel Price Spikes
According to S&P Global, the Dangote Refinery is stabilizing Nigeria's fuel market by keeping domestic prices steady while international costs, shipping rates, and supply challenges rise.
S&P Global Reports Dangote Refinery Acts as Buffer Against Global Fuel Price Volatility
A report from S&P Global reveals that the Dangote Refinery is keeping Nigerian fuel prices stable by absorbing global cost increases and setting a domestic price ceiling that prevents import-driven inflation.
IPMAN Urges Federal Government Action as Dangote Refinery Shifts to Dollar-Based Sales
IPMAN warns that fuel prices could surge after the Dangote Refinery ended its naira-for-crude sales agreement, prompting calls for government intervention.
Nigeria Petrol Prices Drop Following Crude Oil Market Trends
Fuel prices in Nigeria are witnessing a sustained decline as global crude oil rates ease, with retail costs in Abuja dropping significantly over the past three weeks.
Depot operators align petrol prices with Dangote Refinery rates
Petroleum depot owners have lowered their ex-depot petrol prices to N1,075 per litre to match the rates recently established by the Dangote Refinery.