Reflect Current Price Reduction, PETROAN Tells Oil Marketers

Newtelegraphng | 20-06-2026 12:55am |

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has urged refiners, depot owners, and petroleum products importers to adjust their ex-depot and retail pump prices in accordance with the recent drop in international crude oil prices. Billy Gillis-Harry, the National President of PETROAN, emphasized the importance of aligning local pricing structures with global market trends to ensure fair pricing for consumers. This call comes in light of the significant decline in global crude oil prices, which PETROAN believes should be reflected in the costs passed on to consumers at the pump.

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