PPMC fixes ex-depot price of petrol, diesel, kerosene
Petroleum Products Marketing Company has fixed the ex-depot price of premium motor spirit aka petrol at N138.62 per litre.The ex-depot price is the rate at which depot owners sell the commodity to retail outlets.It put the ex-coastal price, the rate at which the product is sold to depot owners, at N113.70 per litre.
The ex-depot price for automotive gasoline oil aka diesel, was fixed at N160 per litre and N165 per litre, for depots in Lagos and Oghara respectively.Beirut explosion: Lebanon reveals likely cause, Isreal reactsMeanwhile, the Petroleum Products Pricing for Regulatory Agency is yet to release the monthly pricing modulation for petroleum products for August.
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