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    Home > Blog > Depot Prices Weekly Review: 10th – 13th June 2025

    Depot Prices Weekly Review: 10th – 13th June 2025

    Goli InnocentBy Goli InnocentJune 14, 2025 Breaking News No Comments3 Mins Read
    Depot Prices Weekly Review: 7th – 11th July 2025(Petroleumprice.ng)
    Depot Prices Weekly Review: 7th – 11th July 2025(Petroleumprice.ng)

    As of today, 14th June 2025, depot prices across Nigeria continued to reflect mixed sentiments in the downstream petroleum market.

    Moreover, the four-day review spanning 10th to 13th June witnessed modest upward adjustments in petrol (PMS) and diesel (AGO) prices across key depots.

    In contrast, aviation fuel (ATK) and LPG prices largely remained stable or recorded slight corrections in select axes.

    According to data from Petroleumprice.ng, the review covers pricing activity.

    From major depots including Dangote Refinery, Coconut, Satellite, Dockyard, Delta, Port Harcourt, and Calabar.

    Dangote Refinery Price Trends

    PMS: ₦827.5 → ₦840
    AGO: ₦955 → ₦955
    LPG: ₦845 → ₦845
    ATK: ₦962 → ₦962

    Analysis:
    Prices at Dangote Refinery remained stable for AGO, LPG, and ATK, reflecting a balanced supply situation.

    The ₦12.5 rise in PMS could indicate tighter inventories or distribution logistics readjustments heading into mid-June.

    Coconut Axis Depot Prices

    Swift (PMS): ₦830 → ₦845
    Ibeto (AGO): ₦960 → ₦996
    Ibachem (AGO): ₦960 → ₦996
    Africa Terminal (ATK): ₦1025 → ₦1020

    Analysis:
    PMS at Swift saw a ₦15 jump, aligning with broader national trends.

    Meanwhile, the price of AGO surged by ₦36 at both Ibeto and Ibachem, likely due to increased industrial offtake.

    ATK softened marginally by ₦5, suggesting brief demand contraction from aviation marketers.

    Satellite Axis Depot Prices

    Emadeb (PMS): ₦827 → ₦845
    Menj (PMS): ₦825 → ₦850
    Mao (AGO): ₦950 → ₦995
    Wosbab (AGO): ₦960 → ₦996
    Rainoil (LPG): ₦870 → ₦870
    AA Rano (LPG): ₦870 → ₦870
    Rainoil (ATK): ₦1020 → ₦1020

    Analysis:
    PMS prices increased notably, with Menj recording a ₦25 rise.

    AGO rose steeply, pointing to localised tightness.

    LPG and ATK remained stable, reflecting consistent product flow from jetties to end-distributors.

    Dockyard Axis Depot Prices

    NIPCO (PMS): ₦832 → ₦845
    Aiteo (PMS): ₦826 → ₦840
    NIPCO (AGO): ₦1025 → ₦1100
    Ardova (LPG): ₦865 → ₦865
    NIPCO (LPG): ₦870 → ₦865

    Analysis:
    The AGO spike of ₦75 at NIPCO was the most notable surge across all depots.

    This week, likely tied to vessel delays or supply bottlenecks.

    LPG was flat at Ardova but declined at NIPCO, hinting at possible oversupply or competitive repricing.

    Delta Axis Depot Prices

    Matrix Warri (PMS): ₦857 → ₦865
    A&E (PMS): ₦850 → ₦860
    Rainoil (PMS): ₦857 → ₦860
    Edo Refinery (AGO): ₦940 → ₦995
    Optima (AGO): ₦942 → ₦1000
    Matrix Warri (AGO): ₦950 → ₦1100
    Matrix Warri (ATK): ₦1010 → ₦1010

    Analysis:
    Furthermore, PMS gains of ₦5 to ₦10 were modest, but AGO witnessed sharp increases, particularly a ₦150 jump at Matrix Warri.

    This surge may signal operational capacity constraints or increased off-take. ATK held steady.

    Port Harcourt Depot Overview

    Ever (PMS): ₦870 → ₦870
    T.S.L (PMS): ₦867 → ₦870
    Bulk Strategic (AGO): ₦945 → ₦1100
    Masters (AGO): ₦943 → ₦1100

    Analysis:
    AGO prices shot up by over ₦150 at both Bulk Strategic and Masters, indicating a tightening supply chain in Rivers State.

    Again, PMS was mostly unchanged, showing subdued market activity in petrol transactions.

    Calabar Depot Summary

    Fynefield (PMS): ₦870 → ₦867
    Northwest (PMS): ₦870 → ₦865

    Analysis:
    A ₦2–₦5 decline in PMS in Calabar shows signs of oversupply or slower offtake in southeastern coastal zones.

    No AGO or LPG prices were recorded for the period.

    Market Insight and Outlook

    Additionally, depot pricing from 10th to 13th June 2025 reflects steady-to-rising PMS and sharp upward movements in AGO, especially at Dockyard and Delta axes.

    LPG held firm except for a minor dip at NIPCO, while ATK prices were unchanged in most depots.

    With global crude oil trading around $78 and shipping activity stable at major jetties.

    Depot prices are likely to remain under mild upward pressure next week.

    Additionally, independent marketers are advised to track landing costs closely as deregulated pricing remains volatile in response to global cues and local logistics.

    Dangote Refinery Nigeria NIPCO
    Goli Innocent
    Goli Innocent

    Goli Innocent is an energy journalist and digital strategist focused on Nigeria's oil and gas value chain. He reports on pricing, logistics, and regulatory updates affecting consumers and industry players.

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