Oil Marketers Adjust Pump Price of Fuel Again as MRS, TotalEnergies, Others Set New Price [Video]

• Oil marketers have adjusted their pump prices in reaction to rising foreign exchange rates and increased overhead costs
• The new prices for Conoil, TotalEnergies, MRS, and NNPC Retail Limited are N619 per litre
• Only NNPC Retail Limited has maintained its retail rate of N568 per liter, despite the long lines at its stations

Legit.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.

Over the weekend, oil marketers changed their pump prices in response to growing foreign exchange rates and higher administrative expenses.

Independent oil marketers have raised their rates to as much as N770 per liter, while major oil marketers, including 11 Plc (formerly Mobil Oil NigeriaPlc), Conoil, TotalEnergies, MRS, and NNPC Retail Limited, have set their new pricing …