Landing cost of petrol drops to N981/litre from N1,130

Landing cost of petrol drops to N981/litre from N1,130 …C0NTINUE READING HERE >>>

Landing cost of petrol drops to N981/litre from N1,130

The landing cost of petrol decreased to N981 per litre, according to data released by the Major Oil Marketers Association of Nigeria on Thursday.

Previously around N1,130, the petrol landing cost dropped by over N140 as of September 25, 2024, due to the recent decline in global crude oil prices.

Crude traded at $71.41 per barrel on Thursday, down from $73.46 per barrel the previous day, according to industry data from the Petroleum Ministry.

Statistics from Statistica, a global analytics…

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