Tag: Crude Oil

  • Marketers Resist Petrol Price Cut Despite Crude Oil Decline

    Marketers Resist Petrol Price Cut Despite Crude Oil Decline

    —

    by

    Starnews NG
    in

    By Opeyemi Adelakun Petroleum marketers have ruled out an immediate reduction in the pump price of Premium Motor Spirit (PMS), despite the continued decline in global crude oil prices to about $70 per barrel. The resistance comes amid growing calls from consumers and the Federal Government for lower petrol prices following the sustained drop in…