PETROAN Call For Lower Pump Prices As Brent Drops To $78/b

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) operators in the downstream petroleum sector to cut petrol pump prices to reflect the current price of crude oil after Brent crude oil slipped to about $77–$78 per barrel, saying the decline should be passed on to consumers to ease rising transportation and living costs.
 
The national president of PETROAN, Billy Gillis-Harry, who made this call on Friday, called on refiners, depot owners, and petroleum products importers to reflect the recent decline in
international crude oil prices in their ex-depot and retail pump prices of petroleum products.
Prince Gillis-Harry, stated that the recent drop in globa...