The Dangote Petroleum Refinery has lowered its gantry prices for Automotive Gas Oil (diesel) and Aviation Turbine Kerosene (jet fuel).
According to data from Petroleumprice.ng, the Dangote refinery reduced the diesel gantry price by N100, from N1,700 per litre to N1,600 per litre, representing a reduction of 5.9 per cent. Jet fuel prices were also lowered by N100, from N1,550 per litre to N1,450 per litre.
This comes hours after the refinery announced a N75 drop in the petrol gantry price from N1,250 to N1,175 per litre.
The reduction was linked to the drop in crude prices following the de-escalation of the Middle East crisis.
It was gathered that private depot operators have started lowering prices to compete with the Dangote refinery.
