Friday 19 December 2014

PRESSURE ON NIGERIA AS COUNTRIES REDUCE PRICES OF FUEL

Alison-M
As the prices of crude oil continued to be on the downward slide, some economies around the world are now paying less for Premium Motor Spirit (PMS), with Nigerians yet to experience the downward price review trend. 

For instance, the price for United States regular PMS has fallen 11 weeks in a row to $2.55 per gallon as of December 15, down by $1.16 per gallon from its 2014 peak in late April and the lowest price since October 2009.

Read more @ The Guardian

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