PetroM Weekly Pulse #002: Market Enters Digestion Phase
April 5, 2026
After last week’s sharp relief, the fuel market is now stabilizing.
Market Sentiment: NEUTRAL / WATCHFUL
Dangote Refinery is maintaining its ₦1,200/litre gantry benchmark, leading to lower pump prices in most regions. However, high inventory costs are causing “sticky pricing” in the North and East. Brent crude is stable at $105–$108/bbl and the Naira remains resilient at ₦1,385/$, supporting the first real decoupling of domestic prices from global shocks.
This week’s report provides clear insights on current prices, regional differences, and what to expect in the next 7 days.
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