AGO [/vc_column_text][/vc_column][/vc_row]PORT HARCOURT DEPOTDEPOT PRICEAVIDOR PH/NIPCO₦ 185.0SHORELINK ₦ 190.0BULK STRATEGIC PHTULCAN/TSLMASTERS₦ 183.0LIQUID BULKSTOCKGAP₦ 183.0NIPCO/SIGMUND₦ 185.0BULK STRATEGIC/NIPCOOVHCONOIL₦ 183.0SAHARA₦ 185.0 CALABAR DEPOTDEPOT PRICENORTHWEST₦ 185.0AMMASCO₦ 183.0MAINLANDSAMON PET₦ 183.0FYNEFIELD₦ 183.0ALKANESYSG (YOUNG SHALL GROW)BLOKKS HYDEAZMAN/NIPCOUGO HANNAH WARRI DEPOTDEPOT PRICERAINOIL OGHARA₦ 175.0NEPAL OIL & GAS / NNPC₦ 175.0PRUDENT OGHARAMATRIX₦173.0CYBERNETICSTAURUS₦175.0OPTIMA₦175.0PINNACLEAYM SHAFA₦ 173.0 LAGOS DEPOTDEPOT PRICEAFRICA TERMINALS₦ 170.5IBACHEM₦ 170.5IBETO₦ 170.5MRS₦ 170.0LEIGHTEN PETINDEX₦ 170.0ETERNA₦...
03-04-2020
AGO [/vc_column_text][/vc_column][/vc_row]PORT HARCOURT DEPOTDEPOT PRICEAVIDOR PH/NIPCO₦ 185.0SHORELINK ₦ 190.0BULK STRATEGIC PHTULCAN/TSLMASTERS₦ 183.0LIQUID BULKSTOCKGAP₦ 183.0NIPCO/SIGMUND₦ 185.0BULK STRATEGIC/NIPCOOVHCONOIL₦ 183.0SAHARA₦ 185.0 CALABAR DEPOTDEPOT PRICENORTHWEST₦ 185.0AMMASCO₦ 183.0MAINLANDSAMON PET₦ 183.0FYNEFIELD₦ 183.0ALKANESYSG (YOUNG SHALL GROW)BLOKKS HYDEAZMAN/NIPCOUGO HANNAH WARRI DEPOTDEPOT PRICERAINOIL OGHARA₦ 175.0NEPAL OIL & GAS / NNPC₦ 175.0PRUDENT OGHARAMATRIX₦173.0CYBERNETICSTAURUS₦175.0OPTIMA₦175.0PINNACLEAYM SHAFA₦ 173.0 LAGOS DEPOTDEPOT PRICEAFRICA TERMINALS₦ 170.5IBACHEM₦ 170.5IBETO₦ 170.5MRS₦ 170.0LEIGHTEN PETINDEX₦ 170.0ETERNA₦...
02-04-2020
AGO [/vc_column_text][/vc_column][/vc_row]PORT HARCOURT DEPOTDEPOT PRICEAVIDOR PH/NIPCO₦ 185.0SHORELINK ₦ 190.0BULK STRATEGIC PHTULCAN/TSLMASTERS₦ 183.0LIQUID BULKSTOCKGAP₦ 183.0NIPCO/SIGMUND₦ 185.0BULK STRATEGIC/NIPCOOVHCONOIL₦ 183.0SAHARA₦ 185.0 CALABAR DEPOTDEPOT PRICENORTHWEST₦ 185.0AMMASCO₦ 183.0MAINLANDSAMON PET₦ 183.0FYNEFIELD₦ 183.0ALKANESYSG (YOUNG SHALL GROW)BLOKKS HYDEAZMAN/NIPCOUGO HANNAH WARRI DEPOTDEPOT PRICERAINOIL OGHARA₦ 175.0NEPAL OIL & GAS / NNPC₦ 175.0PRUDENT OGHARAMATRIX₦173.0CYBERNETICSTAURUS₦175.0OPTIMA₦175.0PINNACLEAYM SHAFA₦ 173.0 LAGOS DEPOTDEPOT PRICEAFRICA TERMINALS₦ 170.5IBACHEM₦ 170.5IBETO₦ 170.5MRS₦ 170.0LEIGHTEN PETINDEX₦ 170.0ETERNA₦...
Breaking: FG reduces the pump price of petrol again, now to sell at 123.50k
The Petroleum Products Pricing Regulatory Agency (PPPRA) has announced further reduction of the pump price of Premium Motor Spirit (PMS) also known as petrol from N125 to N123.50k per litre.
The agency made the announcement in a statement singed by its Executive Secretary, Abdulkadir Saidu, in Abuja on Tuesday night.
“PPPRA in line with the government approval for a monthly review of Premium Motor Spirit (PMS) pump price, hereby announces Guiding PMS pump price of N123.50 per Litre.
“The Guiding price which becomes effective April 1 2020, shall apply at all retail outlets nationwide for the month of April, 2020.”
He added that PPPRA and other relevant regulatory agencies would continue to monitor compliance to extant regulations for a sustainable downstream petroleum sector.
Saidu noted that members of the public and all Oil Marketing Companies are to be guided accordingly.
The agency had on March 18 reduced the pump price of PMS from N145.00 to N125.00.
It noted that from April 1, it would start a new pricing modulation that would reflect the global market fundamental.
source: https://www.expressiveinfo.com/breaking-fg-reduces-the-pump-price-of-petrol-again-now-to-sell-at-123-50k/
01-04-2020
AGO [/vc_column_text][/vc_column][/vc_row]PORT HARCOURT DEPOTDEPOT PRICEAVIDOR PH/NIPCO₦ 190.0SHORELINK ₦ 190.0BULK STRATEGIC PHTULCAN/TSLMASTERS₦ 183.0LIQUID BULKSTOCKGAP₦ 183.0NIPCO/SIGMUND₦ 185.0BULK STRATEGIC/NIPCOOANDO₦ 185.0CONOIL₦ 183.0SAHARA₦ 185.0 CALABAR DEPOTDEPOT PRICENORTHWEST₦ 185.0AMMASCO₦ 183.0MAINLANDSAMON PET₦ 183.0FYNEFIELD₦ 183.0ALKANESYSG (YOUNG SHALL GROW)BLOKKS HYDEAZMAN/NIPCO₦ 197.0UGO HANNAH WARRI DEPOTDEPOT PRICERAINOIL OGHARA₦ 175.0NEPAL OIL & GAS / NNPC₦ 175.0PRUDENT OGHARA₦190.0MATRIX₦173.0CYBERNETICSTAURUS₦175.0OPTIMA₦175.0PINNACLEAYM SHAFA₦ 173.0 LAGOS DEPOTDEPOT PRICEAFRICA TERMINALS₦ 170.5IBACHEM₦ 171.0IBETO₦ 171.0MRS₦ 170.0LEIGHTEN...
31-03-2020
AGO [/vc_column_text][/vc_column][/vc_row]PORT HARCOURT DEPOTDEPOT PRICEAVIDOR PH/NIPCO₦ 190.0SHORELINK ₦ 190.0BULK STRATEGIC PHTULCAN/TSLMASTERS₦ 183.0LIQUID BULKSTOCKGAP₦ 183.0NIPCO/SIGMUND₦ 185.0BULK STRATEGIC/NIPCOOANDO₦ 185.0CONOIL₦ 183.0SAHARA₦ 185.0 CALABAR DEPOTDEPOT PRICENORTHWEST₦ 185.0AMMASCO₦ 183.0MAINLANDSAMON PET₦ 183.0FYNEFIELD₦ 183.0ALKANESYSG (YOUNG SHALL GROW)BLOKKS HYDEAZMAN/NIPCO₦ 197.0UGO HANNAH WARRI DEPOTDEPOT PRICERAINOIL OGHARA₦ 175.0NEPAL OIL & GAS / NNPC₦ 175.0PRUDENT OGHARA₦190.0MATRIX₦173.0CYBERNETICSTAURUS₦175.0OPTIMA₦175.0PINNACLEAYM SHAFA₦ 173.0 LAGOS DEPOTDEPOT PRICEAFRICA TERMINALS₦ 172.0IBACHEM₦ 163.5IBETO₦ 172.0MRS₦ 170.0LEIGHTEN...
30-03-2020
AGO [/vc_column_text][/vc_column][/vc_row]PORT HARCOURT DEPOTDEPOT PRICEAVIDOR PH/NIPCO₦ 190.0SHORELINK ₦ 190.0BULK STRATEGIC PHTULCAN/TSLMASTERS₦ 183.0LIQUID BULKSTOCKGAP₦ 183.0NIPCO/SIGMUND₦ 188.0BULK STRATEGIC/NIPCOOANDO₦ 185.0CONOIL₦ 183.0SAHARA₦ 185.0 CALABAR DEPOTDEPOT PRICENORTHWEST₦ 185.0AMMASCO₦ 183.0MAINLANDSAMON PET₦ 183.0FYNEFIELD₦ 183.0ALKANESYSG (YOUNG SHALL GROW)BLOKKS HYDEAZMAN/NIPCO₦ 197.0UGO HANNAH WARRI DEPOTDEPOT PRICERAINOIL OGHARA₦ 175.0NEPAL OIL & GAS / NNPC₦ 175.0PRUDENT OGHARA₦190.0MATRIX₦173.0CYBERNETICSTAURUS₦175.0OPTIMA₦175.0PINNACLEAYM SHAFA₦ 173.0 LAGOS DEPOTDEPOT PRICEAFRICA TERMINALS₦ 170.0IBACHEM₦ 163.5IBETO₦ 163.5INT. OIL₦...
27-03-2020
AGO [/vc_column_text][/vc_column][/vc_row]PORT HARCOURT DEPOTDEPOT PRICEAVIDOR PH/NIPCO₦ 190.0SHORELINK ₦ 190.0BULK STRATEGIC PHTULCAN/TSLMASTERS₦ 183.0LIQUID BULKSTOCKGAP₦ 183.0NIPCO/SIGMUND₦ 188.0BULK STRATEGIC/NIPCOOANDO₦ 185.0CONOIL₦ 183.0SAHARA₦ 185.0 CALABAR DEPOTDEPOT PRICENORTHWEST₦ 185.0AMMASCO₦ 183.0MAINLANDSAMON PET₦ 183.0FYNEFIELD₦ 183.0ALKANESYSG (YOUNG SHALL GROW)BLOKKS HYDEAZMAN/NIPCO₦ 197.0UGO HANNAH WARRI DEPOTDEPOT PRICERAINOIL OGHARA₦ 175.0NEPAL OIL & GAS / NNPC₦ 175.0PRUDENT OGHARA₦190.0MATRIX₦173.0CYBERNETICSTAURUS₦175.0OPTIMA₦175.0PINNACLEAYM SHAFA₦ 173.0 LAGOS DEPOTDEPOT PRICEAFRICA TERMINALS₦ 170.0IBACHEM₦ 163.5IBETO₦ 163.5INT. OIL₦...
26-03-2020
NB: PMS prices remains highly unstable so to avoid misinformation, it’s been left blank. OilpriceNG would keep you posted. AGO [/vc_column_text][/vc_column][/vc_row]PORT HARCOURT DEPOTDEPOT PRICEAVIDOR PH/NIPCO₦ 190.0SHORELINK BULK STRATEGIC PHTULCAN/TSLMASTERS₦ 183.0LIQUID BULK₦ 191.0STOCKGAP₦ 183.0NIPCO/SIGMUNDBULK STRATEGIC/NIPCOBULK STRATEGIC/TULCANCONOIL₦ 183.0SAHARA₦ 183.0 CALABAR DEPOTDEPOT PRICENORTHWEST₦ 202.0AMMASCO₦ 183,0MAINLANDSAMON PET₦ 195.0FYNEFIELD₦ 202.0ALKANESYSG (YOUNG SHALL GROW)BLOKKS HYDEAZMAN/NIPCO₦ 197.0UGO HANNAH WARRI DEPOTDEPOT PRICERAINOIL OGHARA₦...
Nigeria cuts crude selling prices to woo buyers
Nigeria has cut the official selling prices for its crude oil to record lows to clear a glut of unsold April-loading cargoes before releasing the May programme on Monday.
The country has had to grapple with an unprecedented excess of oil triggered by the coronavirus outbreak and a price war between Saudi Arabia and Russia for market share.
The Nigerian National Petroleum Corporation cut its April official selling prices for Bonny Light and Qua Iboe by $5 per barrel to dated Brent minus $3.29 and minus $3.10 per barrel, respectively, Reuters reported on Monday.
Brent crude, the international benchmark, has fallen by over 60 per cent since the start of this year. It stood at $26.44 per barrel as of 7:40pm on Monday.
May loading programmes emerged with key grades seeing an increase over the previous month, Reuters reported on Monday.
Bonny Light and Forcados are both higher and due to load 245,000 barrels per day, Bonga 123,000 bpd and Qua Iboe 215,000 bpd.
There will also be two cargoes each of Usan and Yoho, five cargoes each of Brass River and Agbami, six of Egina and four Amenam, according to the report.
The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, said recently that the country was already struggling to find buyers for its crude oil, saying over 50 cargoes were yet to be sold.
The unsold cargoes represented more than 70 per cent of the country’s total oil exports and puts the country in a very difficult spot, according to S&P Global Platts.
Kyari said Nigeria’s crude cargoes had been stranded due to the higher selling price compared with its fellow OPEC members such as Saudi Arabia and Iraq, which could afford to offer discounts of around $5 to $8 per barrel to buyers.
Source: Punch