The loading cost of Premium Motor Spirit (petrol) and other refined petroleum products at the depots increased on Monday.
The PUNCH gathered that marketers raised petrol and diesel prices at depots by ₦43 or 4.74 per cent due to the rising crude oil prices.
Recall that the cost of Brent, the global benchmark for crude, reached $79.76 per barrel on Sunday.
This current situation indicates that filling stations nationwide may adjust their pump prices to reflect the higher costs of refined products.
Data obtained by our correspondent while analysing petrol price movements at loading depots on Monday showed that Swift depot increased its loading price to ₦950 per litre from ₦907 last Friday.
Wosbab Depot increased its price to ₦950 from ₦909, while Sahara Depot made a similar change to ₦950 from the ₦910 it sold a litre of petrol last Friday.
Also, a private depot, Shellplux, increased its loading costs to ₦960 from ₦908. Chipet Depot asked retailers to pay ₦960 per litre to receive products. It sold at ₦908 per litre last week Friday.
