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#EndSARS: Oil Marketers Suspend Transportation Of Petrol, Others

#EndSARS: Oil Marketers Suspend Transportation Of Petrol, Others         Oil marketers have asked petroleum tanker drivers to temporarily suspend the movement of petrol, diesel, Liquefied Petroleum Gas, among others, as a result of the #EndSARS protests in various locations nationwide. It was also gathered that the decision...

Oil Marketers Concerned About Possible Unrest When Prices Rebound

Oil Marketers Concerned About Possible Unrest When Prices Rebound         Petroleum marketers have urged the Federal Government to take decisive steps in addressing deregulation concerns in the downstream sector to avoid a civil unrest that may arise when oil prices rebound. According to the Major Oil Marketers...

Petrol Pump Price May Drop This Month – Marketers

Petrol Pump Price May Drop This Month - Marketers       The pump price of petrol may reduce marginally this month, going by the fall in global crude oil prices, oil marketers said on Sunday. According to them, since the cost of petrol has been largely determined by...

Oil Marketers Now Free To Fix Prices – PPPRA

Oil Marketers Now Free To Fix Prices - PPPRA       The Federal Government is no more going to be releasing guiding price bands for the sale of petrol at filling stations; hence, oil marketers are now free to fix prices. On March 19, 2020, the government, through...

Forex Inaccessibility Stopping Us From Importing Petrol — Marketers

Forex Inaccessibility Stopping Us From Importing Petrol — Marketers     Independent oil marketers are not fully back into the business of importing petrol due to their inability to access foreign exchange. Dealers stated that since the downstream oil sector was deregulated in March this year, the Nigerian...

Further Petrol Price Hike Likely, Marketers Warn Nigerians

Further Petrol Price Hike Likely, Marketers Warn Nigerians     Fuel marketers across the country adjusted their pump prices on Thursday to between N158 and N162 per litre of petrol, saying a further increase in global crude oil prices would push the pump price of petrol higher. Petrol...