The Nigerian fuel market experienced slight fluctuations between 17-21 February 2025, with marginal changes in Premium Motor Spirit (PMS), Automotive Gas Oil (AGO), Liquefied Petroleum Gas (LPG), and Aviation Turbine Kerosene (ATK) prices. Data from key depots, including Dangote Refinery, Dockyard Axis, Coconut Axis, Satellite Axis, Port Harcourt, Delta, and Calabar Depots, show varied pricing movements reflective of supply and demand trends.
Dangote Refinery Prices
- PMS: Opened at ₦900.5, closed at ₦901
- AGO: Opened at ₦1036, closed at ₦1033
- LPG: Opened at ₦850, closed at ₦827
- ATK: Opened at ₦1070, closed at ₦1050
Dockyard Axis Depot Prices
PMS
- Aiteo: Opened at ₦903, closed at ₦901
- Nipco: Opened and closed at ₦907
AGO
- Nipco: Opened at ₦1045, closed at ₦1042
- Aiteo: Opened at ₦1039, closed at ₦1035
LPG
- Nipco: Opened at ₦875, closed at ₦860
- Navgas: Opened at ₦880, closed at ₦860
Coconut Axis Depot Prices
PMS
- MRS Tincan: Opened at ₦905, closed at ₦902
- Bovas: Opened at ₦907, closed at ₦902
AGO
- Ibeto: Opened at ₦1040, closed at ₦1035
- Africa Terminal: Opened at ₦1080, closed at ₦1035
ATK
- Duport: Opened and closed at ₦1075
- Africa Terminal: Opened and closed at ₦1075
Satellite Axis Depot Prices
PMS
- Wosbab: Opened at ₦908, closed at ₦905
- Chipet: Opened at ₦908, closed at ₦905
AGO
- TMDK: Opened at ₦1036, closed at ₦1034
- Menj: Opened at ₦1039, closed at ₦1035
LPG
- Rainoil: Opened at ₦877, closed at ₦860
- PPMC: Opened at ₦900, closed at ₦875
ATK
- Rainoil: Opened and closed at ₦1075
Port Harcourt Depot Prices
PMS
- Matrix PH: Opened at ₦932, closed at ₦927
- Liquid Bulk: Opened at ₦932, closed at ₦930
AGO
- Bulk Strategic: Opened at ₦1070, closed at ₦1068
- Stockgap: Opened at ₦1070, closed at ₦1068
LPG
- Stockgap: Opened at ₦895, closed at ₦885
Delta Depot Prices
PMS
- A.Y.M Shafa: Opened at ₦928, closed at ₦926
- Matrix Warri: Opened at ₦926, closed at ₦924
- Rainoil Warri: Opened at ₦925, closed at ₦923
- Sharon: Opened at ₦925, closed at ₦922
AGO
- Prudent Oghara: Opened at ₦1063, closed at ₦1062
- Matrix Warri: Opened and closed at ₦1063
- Taurus: Opened at ₦1062, closed at ₦1057
- Rainoil Warri: Opened at ₦1063, closed at ₦1059
- Optima: Opened at ₦1062, closed at ₦1057
LPG
- Prudent Oghara: Opened and closed at ₦910
- Matrix Warri: Opened and closed at ₦895
ATK
- Matrix Warri: Opened and closed at ₦1075
Calabar Depot Prices
PMS
- Sobaz: Opened at ₦935, closed at ₦930
- Soroman: Opened at ₦930, closed at ₦937
AGO
- Fynefield: Opened and closed at ₦1070
Market Overview
Fuel prices remained relatively stable across depots, with minor fluctuations in PMS, AGO, LPG, and ATK. The highest variation was seen in LPG prices, particularly at Dangote Refinery and Satellite Axis depots, where notable declines were recorded.
Industry analysts suggest that these price shifts reflect market adjustments in response to logistics, supply chain fluctuations, and regulatory influences. Continued monitoring of price trends and supply chains will be essential to understand the impact on end consumers and fuel distributors.