Tag Archives: FUEL PRICE

Fuel prices to go up IES says it will cross 7 cedis This will affect all petroleum products The Institute for Energy Security (IES), is predicting that prices of petroleum products will increase at various pumps across the country from February. According to them, this is a result of an …

The price of petrol is expected to increase by 3.7%, the Chamber of Petroleum Consumers (COPEC) has predicted. COPEC in a statement said Brent crude plunged by 10.7% to $73.45/barrel on 26 November 2021 and the OPEC Reference Basket (OPB) plunged by 6.9% to $76.09/barrel on the same date. According …

Total reduces its prices by 2% International crude oil prices have seen some reduction Fuel prices decrease marginally Checks at various pumps have revealed that some Oil Marketing Companies (OMCs) have started revising their prices this morning. The Institute of Energy Security (IES) has stated that prices on the market …

The leadership of the Coalition of Private Transport Operators has postponed the group’s intended strike, originally scheduled for November 29, 2021, to Wednesday, December 1. According to the Union, the decision was taken after it had an emergency meeting on November 25 with the government with assurances that fuel prices …

The Ghana Private Road and Transport Union (GPRTU) has served notice that it will unilaterally increase transport fares by Monday, 25 October 2021, if the nuisance taxes imposed on petroleum products are not reduced.   According to the union, it will not hesitate to increase transport fares across the country …

The Association of Oil Marketing Companies (AOMC) has announced that there would not be any effect on fuel prices in the next pricing window. The Chief Executive of the AOMC, Kwaku Agyemang-Duah in a Press Statement insisted that the two-month removal of the price stabilisation and recovery levy by government …

Fuel prices in the country are likely to see an increase by two percent in the following days. This is the latest prediction by the Institute for Energy Security. The IES prediction is based on the increase in prices of petroleum products on the world market and the depreciation of …

Fuel prices are expected to increase by over 2 percent per litre from next week across various pumps in the country. The increase is based on figures provided by the Bulk Oil Distribution Companies. Already, the price of fuel at some major pumps across the country is currently selling at …

COPEC says the situation as a result of prices on the international market recording upward trend Tue, 15 Dec 2020Source: 3 News The Chamber of Petroleum Consumers Ghana (COPEC) has predicted that fuel prices in Ghana are likely to go up in the coming days. Executive Director of the COPEC, …

The Institute of Energy Security (IES) is predicting a slight rise in fuel prices in the first half of September 2020. The IES explained that this is so because “taking into consideration the appreciation in the prices of International Benchmark – Brent Crude (2.45%) and refined product – Gasoline (6.23%) …