Tag Archives: Fuel Prices

The Institute for Energy Security (IES has predicted a downward trend in fuel prices for the first half of August 2024, driven by favourable international market conditions. According to the IES, this anticipated price drop is attributed to positive market dynamics globally. The institute predicts a 2-4% decrease in prices …

Petroleum consumers in Ghana are expected to pay more for fuel following the decision by the National Petroleum Authority (NPA) to suspend the Price Stabilization and Recovery Levy on petroleum products. In a directive dated April 3, 2024, and distributed to various stakeholders within the oil marketing and distribution sector, …

Fuel consumers can expect some relief at the pumps as diesel and Liquefied Petroleum Gas (LPG) prices are set to decrease, marking the second consecutive drop in January. This announcement comes from the Chamber of Petroleum Consumers (COPEC) and takes effect on Wednesday, January 17, 2024. While the exact price …

The Chamber of Petroleum Consumers Ghana (COPEC) has predicted stability in fuel prices in the first pricing window in the month of May.   According to COPEC, this is due to the decrease in international benchmark pricing of petroleum products on the international market.   Speaking to Citi News, Executive …

Fuel prices will go up sharply again between 10% and 15%, beginning today, June 16th, 2022. According to the Institute for Energy Security (IES), the price of petrol will increase by about 10% to sell above GH¢11per litre and diesel by about 15% to sell above GH¢14 per litre. The …

The persistent rise in the prices of petroleum products at the pumps in the last couple of months will now be a thing of the past, the Chief Executive Officer of the Chamber of Bulk Oil Distributors (CBOD), Senyo Hosi, has assured. This follows the major intervention by the Bank …

Transport operators in the country say they are disappointed in the government for reducing fuel prices by just GHp15 per litre through the Finance Minister Ken Ofori-Atta’s address on Thursday, March 24. The operators say the GHp15 will not change their decision to review transport fares but will also enable …

Fuel prices in Ghana will go down by 15 pesewas per litre effective April 1, 2022. This reduction will be in place for three months. This was disclosed by the Minister of Finance, Ken Ofori-Atta, on Thursday, March 24, 2022, while announcing measures put in place by the government to …

Total Oil has increased the price of diesel per litre from 6 cedis 85 pesewas to 7 cedis 05 pesewas on Sunday January 16.   The price of Petrol has also been increased from 6 cedis 80 pesewas to 6 cedis 99 pesewas per litre.   Percentage-wise, a litre of …

GOIL Company Limited has denied claims that of being directed by government to reduce fuel prices. According to them, the allegations by the Association of Oil Marketing Companies (AOMC) are false.   “GOIL wants to state categorically that at no point did the government ‘direct’ the company to reduce its …