Nigerians may soon see a downward trend in the pump price of petroleum products as prices of crude oil in the international market after four consecutive weeks of losses pushed both Brent and WTI to their lowest levels since July 2023.
While motorists and fuel users are expected to heave a sigh of relief when imported petroleum problems ordered in the last three weeks of November start to land in the country from December, the continued slide in the prices of crude and the resultant loss of revenue is causing anxiety among the nation’s economic managers, Business Hallmark can report.
