Fuel Price War Deepens As Oil Marketers Cut Purchases Amid Mounting Losses

The ongoing price war between Dangote Petroleum Refinery and the Nigerian National Petroleum Corporation Limited (NNPCL) has forced oil marketers to scale down fuel purchases, as they struggle to mitigate heavy losses caused by the frequent downward price adjustments in the downstream sector. The price competition, which began in November 2024, intensified when Dangote Refinery [...]The post Fuel Price War Deepens As Oil Marketers Cut Purchases Amid Mounting Losses appeared first on Naija News.

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