Anticipating changes in the upcoming second pricing window of August 2023, the Chamber of Petroleum Consumers (COPEC) has forecasted a potential 5.7% rise in fuel prices, set to take effect within the next 48 hours. At present, the average cost of this commodity stands at GH¢12.45 per liter at fuel …
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FUEL PRICES EXPECTED TO INCREASE BY 9.0% FROM AUGUST 1, 2023
The Chamber of Petroleum Consumers (COPEC) has announced that starting from tomorrow, August 1, 2023, fuel prices are expected to rise. The average increase in petrol and diesel prices is projected to be around 9.0% above the current mean price of ¢11.90 per liter. Additionally, the price of Liquefied Petroleum …
Read More »FUEL PRICES TO GO DOWN SIGNIFICANTLY FROM DECEMBER 16, 2022
Prices of petroleum products are expected to fall significantly beginning this Friday, December 16, 2022, the Institute of Energy Security (IES) has projected. According to IES, the expected price drops would be significant due to the 6.60% appreciation of the cedi against the US dollar. It said the new prices would fall …
Read More »GPRTUTO INCREASE TRANSPORT FARES BY 30% EFFECTIVE SEPTEMBER 21
Transport riders have been informed by GPRTU that, from Wednesday, September 21, they would be required to pay a 30% higher fee due to an increase in rates. On Wednesday, September 14th, the Ghana Private Road Transport Union (GPRTU) released a statement confirming the news. The Union claims that this …
Read More »RUSSIA-UKRAINE WAR IS THE MAIN CAUSE OF FUEL PRICES HIKES – NPA
According to Abass Ibrahim, director of pricing at the National Petroleum Authority, the continuing war between Russia and Ukraine is the main reason of rising gasoline costs (NPA). The steady rise in the price of petroleum products in Ghana has affected Ghanaians hard in the previous three months. But things …
Read More »WE CAN NOW SAVE’ – DKB Thanks Prez Akufo Addo Over Reduction Of Fuel Prices
Ghanaian comedian and event host, Derick Kobina Boney simply called DKB has expressed his heartfelt gratitude to President Akufo Addo over the reduction in fuel prices. The National Petroleum Authority announced in a press release signed by the Corporate Affairs Department issued on October 11, that H.E, Nana Addo Dankwa …
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