The Nigerian weekly depot oil prices report covers changes in Nigerian oil market prices.
This report provides an accurate analysis of key development influencing the oil market prices in Nigeria as well as oil demand, supply and the oil markets stability.
Downstreamview observed that there is a huge decline in the price of Automotive gas oil (AGO) and also in the price of Dual purpose kerosene (DPK).
The average price for Premium motor spirit (PMS) on Tuesday N137.03 while on Wednesday N137.65, for Thursday N137.6 and today N137.76.
The AGO average for Tuesday N163.13 and on Wednesday N162.07 and for Thursday N160.39 and Friday N156.21
The DPK average for Tuesday was N174, Wednesday N173.2 and on Thursday N172.91 and Friday N172.
This week we can assert that there has been huge reduction on average production of AGO and DPK, while the price of PMS is parallel.
The PMS price average for last week was N137.18, this weeks price average N137.51
AGO price average for last week was N168.06,this week AGO price had huge reduction to N160.45.
The DPK price average for last week was N179.71, while this week it decreased to N173.02.