The Dangote Petroleum Refinery and Petrochemicals adjusted fuel prices 15 times in March 2026, reflecting sustained volatility in global crude markets and its direct impact on domestic pricing.
A detailed review by Petroleumprice shows that petrol (PMS), diesel (AGO), and LPG prices were revised multiple times within short intervals, with adjustments closely aligned to movements in Brent crude and global supply conditions.
March 2, 2026
Product: Petrol (PMS)
Previous Price: ₦774/L
New Price (Reviewed): ₦874/L
Price Change: +₦100
Triggering Oil/Market Event: Crude prices climbed above $80 per barrel amid initial geopolitical tensions.
March 3, 2026
Product: Diesel (AGO)
Previous Price: ₦880/L
New Price (Reviewed): ₦1,050/L
Price Change: +₦170
Triggering Oil/Market Event: Brent rose to $84.74 as Middle East tensions escalated.
March 5, 2026
Product: Diesel (AGO)
Previous Price: ₦880/L
New Price (Reviewed): ₦1,300/L
Price Change: +₦420
Triggering Oil/Market Event: Global refinery disruptions and tighter product supply.
March 6, 2026
Product: Petrol (PMS)
Previous Price: ₦874/L
New Price (Reviewed): ₦995/L
Price Change: +₦121
Triggering Oil/Market Event: Rising crude prices pushed replacement costs higher.
March 8, 2026
Product: Diesel (AGO)
Previous Price: ₦880/L
New Price (Reviewed): ₦1,430/L
Price Change: +₦550
Triggering Oil/Market Event: Escalating geopolitical risks and supply tightening.
March 9, 2026
Product: Petrol (PMS)
Previous Price: ₦995/L
New Price (Reviewed): ₦1,175/L
Price Change: +₦180
Triggering Oil/Market Event: Crude prices broke above $100 per barrel.
March 9, 2026
Product: Diesel (AGO)
Previous Price: ₦1,430/L
New Price (Reviewed): ₦1,620/L
Price Change: +₦190
Triggering Oil/Market Event: Sustained crude rally above $100 intensified cost pressures.
March 10, 2026
Product: Petrol (PMS)
Previous Price: ₦1,175/L
New Price (Reviewed): ₦1,075/L
Price Change: -₦100
Triggering Oil/Market Event: Temporary crude price correction below $100.
March 10, 2026
Product: Diesel (AGO)
Previous Price: ₦1,620/L
New Price (Reviewed): ₦1,430/L
Price Change: -₦190
Triggering Oil/Market Event: Easing global oil prices reduced cost pressures.
March 13, 2026
Product: Petrol (PMS)
Previous Price: ₦1,075/L
New Price (Reviewed): ₦1,175/L
Price Change: +₦100
Triggering Oil/Market Event: Renewed geopolitical escalation lifted crude prices.
March 14, 2026
Product: Diesel (AGO)
Previous Price: ₦1,430/L
New Price (Reviewed): ₦1,500/L
Price Change: +₦70
Triggering Oil/Market Event: Rising crude and tighter supply conditions.
March 17–18, 2026
Product: LPG
Previous Price: ₦760/kg
New Price (Reviewed): ₦800/kg
Price Change: +₦40
Triggering Oil/Market Event: Higher propane/butane feedstock costs and global LPG tightening.
March 20, 2026
Product: Petrol (PMS)
Previous Price: ₦1,175/L
New Price (Reviewed): ₦1,245/L
Price Change: +₦70
Triggering Oil/Market Event: Brent surged to $112.2 per barrel amid heightened tensions.
March 21, 2026
Product: Petrol (PMS)
Previous Price: ₦1,245/L
New Price (Reviewed): ₦1,275/L
Price Change: +₦30
Triggering Oil/Market Event: Continued crude strength above $110.
March 21, 2026
Product: Diesel (AGO)
Previous Price: ₦1,500/L
New Price (Reviewed): ₦1,750/L
Price Change: +₦250
Triggering Oil/Market Event: Elevated crude prices, FX pressure, and rising logistics costs.
March 26, 2026
Product: Petrol (PMS)
Previous Price: ₦1,275/L
New Price (Reviewed): ₦1,200/L
Price Change: -₦75
Triggering Oil/Market Event: Market correction and competitive pricing response.
Overall, the 15 price adjustments recorded within the month highlight the refinery’s rapid response to global oil market volatility, with domestic fuel pricing increasingly tied to international crude benchmarks and supply dynamics.