What is the current pump price of petrol in Nigeria?
As of January 2022, the average price of gasoline in Nigeria was 166.4 Nigerian naira (NGN) per liter, around 0.4 U.S. dollars. Compared to the previous month, the price increased. In January 2021, the average price of petrol in the country stood at 164.09 NGN.
How much is litre of petrol in Nigeria?
Moreover, on average, consumers in Adamawa paid 159.89 NGN per liter, also about 0.39 U.S. dollars, for gasoline. Borno followed with 155.82 NGN per liter, corresponding to 0.38 U.S. dollars….
| Characteristic | Average price in Nigerian naira per liter |
|---|---|
| Lagos | 163.26 |
| Adamawa | 159.89 |
| Borno | 155.82 |
How much is PMS per litre in Nigeria?
A cursory look at the data shows that the price of petrol in Nigeria has averaged N162. 56 in the past year, peaking at N72. 68 per litre in March 2021 and a low of N143. 63 in July 2020.
What is the current petroleum price?
| WTI Crude | 102.7 | +0.12 |
|---|---|---|
| Brent Crude | 107.0 | -0.20 |
| Natural Gas | 6.946 | -0.230 |
| Heating Oil | 3.954 | +0.093 |
| Gasoline •2 days | 3.276 | +0.028 |
How much is diesel pump price in Nigeria?
For comparison, the average price of diesel in the world for this period is 560.50 Nigerian Naira….Nigeria Diesel prices, litre, 30-May-2022.
| Nigeria Diesel prices | Litre | Gallon |
|---|---|---|
| USD | 1.576 | 5.966 |
| EUR | 1.462 | 5.534 |
Which country has the cheapest price of petroleum?
Venezuela
Venezuela has the cheapest price, just $0.03 per liter, followed by Libya ($0.03) and Iran ($0.05). Among the top ten cheapest, four countries are located in Asia and Africa each, and one each in South America in Europe. Hong Kong has the most expensive price of $2.83, followed by Norway.
What is the meaning of PMS in petroleum?
Premium Motor Spirit (PMS) is one of the products of fractional distillation of petroleum. This product is in high demand in the developing countries as a result of their inability to refine enough quantities of the product to meet the consumers’ need.
How much is 1kg of gas in Nigeria today?
We have conducted our market research which shows the various costs of cooking gas in Nigeria. The average price of cooking gas per kg is ₦650 in Nigeria today….Average price of Cooking gas in Nigeria.
| Cylinder (kg) | Current Price |
|---|---|
| 1kg | ₦700 |
| 2kg | ₦1,400 |
| 3kg | ₦2,100 |
| 5kg | ₦3,500 |
Which country has lowest petrol prices?
Venezuela has the cheapest price, just $0.03 per liter, followed by Libya ($0.03) and Iran ($0.05). Among the top ten cheapest, four countries are located in Asia and Africa each, and one each in South America in Europe. Hong Kong has the most expensive price of $2.83, followed by Norway.
Which country has the highest petrol price?
Petrol in New Delhi currently costs Rs 105.41 a litre and diesel is priced at Rs 96.67 per litre. Hong Kong has the costliest petrol at USD 2.58 per litre while Malaysia has the cheapest at 47 cents to a litre.
What is the price of d2 today?
Basic Info. US Gulf Coast Ultra-Low Sulfur No 2 Diesel Spot Price is at a current level of 3.963, up from 3.959 the previous market day and up from 1.992 one year ago. This is a change of 0.10% from the previous market day and 98.95% from one year ago.
How much is diesel per Litre in Nigeria now?
Abuja Diesel prices, litre The average value for Abuja during that period was 371.02 Nigerian Naira with a minimum of 290.68 Nigerian Naira on 21-Feb-2022 and a maximum of 660.35 Nigerian Naira on 16-May-2022. For comparison, the average price of diesel in the world for this period is 761.66 Nigerian Naira.