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Friday, May 2, 2025

N800/litre petrol in sight as oil prices tumble

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The drop in crude oil prices and the resumption of the naira-for-crude arrangement for local refiners may push the pump price of Premium Motor Spirit (petrol) further down to about N800 per litre in the coming weeks or months, oil marketers and industry analysts said on Wednesday. This comes as the Dangote Petroleum Refinery reduced

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