Marketers retain high petrol prices as crude oil crashes to pre-war level

By Obas Esiedesa & Ediri Ejoh Oil marketers across Nigeria have continued to sell Premium Motor Spirit (PMS), popularly known as petrol, at elevated prices despite a sharp decline in global crude oil prices to levels recorded before the outbreak of the US-Iran conflict. Brent crude, the international benchmark against which Nigeria’s oil is priced, fell

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