Tag Archives: Fuel

A report by GlobalPetrolPrices.com (GPP) ranks Ghana as 10th in Africa with the most affordable fuel prices in March 2024. On the global scale, Ghana sits comfortably at the 39th position for the cheapest fuel costs. Currently, petrol prices in Ghana range from GH¢12.02 to GH¢13.29 per liter, while diesel …

International business news network, Bloomberg says about 600,000 tonnes of fuel from Russia have been shipped and stored in Ghanaian tanks. Following Russia’s invasion of Ukraine, the European Union and US barred fuel imports from the former Soviet leader. Bloomberg reports that its tanker tracking data show that “The last …

Over the weekend, fuel prices have shot up to almost GHS16 per litre at some stations in the country. At a leading Oil Marketing Company, Total Energies, for instance, the price of Diesel now stands at GHS15.99 while petrol sells for GHS13.10. This is a sharp rise from the GHS11.06 …

Ghana’s senior presidential advisor, Yaw Osafo-Maafo has said that the government cannot provide subsidies for petroleum products in Ghana.   Osafo-Maafo maintains that the Ghanaian economy cannot “stomach” any form of incentive to fuel.   “There is no way the economy can provide subsidy to fuel,” the former Finance Minister …

The Chamber of Petroleum Consumers (COPEC) is advocating for a review of the price stabilization and recovery levy to forestall further increases in petroleum products. Petroleum products have been increased about four times in the spate of two months. COPEC attributed the situation to the Coronavirus pandemic and the current …