The pump price of petrol may hit N900 per litre this week if the price of crude oil continues to hover around $70 per barrel.
This was even as OPEC+, agreed over the weekend to raise oil production by 547,000 barrels per day for September.
Throughout the weekend, it was observed that the gantry prices remained high, but filling stations did not rush to make any major meter adjustments.
Marketers said the filling stations changing prices might have got new supplies at the latest prices, adding that everything would be clear this week.