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Some oil marketing companies (OMCs) have started reducing prices of petroleum products in line with the expected revision at the pumps.
Star Oil has taken the lead with its petrol price reduced to 13.65 naira per litre from 13.93 naira.
This means that the price has dropped by 0.28 naira or 2.01%.
The price of diesel fell by more than 3.17% and is currently selling at 14.02 naira.
As a result, Star Oil consumers will save 0.46 naira per litre.
examiner Happy Business This indicates that more OMCs may adjust their prices soon.
Happy Online
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