Tag Archives: FUEL PRICE

    The price of petrol and diesel in Zimbabwe is to more than double with immediate effect, the country’s energy regulatory authority has announced. The increase of 150% comes a day after the Zimbabwean dollar fell by more than 50% against international currencies. This happened after the central bank …

Some drivers’ unions in the country have been calling on the government to reduce fuel prices or face the possible increment in transport fares. These actions were stemmed from the report that consumers of petroleum products should be prepared to pay more for fuel at the pumps following an increment …

The Chamber of Petroleum Consumers Ghana (COPEC Ghana), has noted that government has no hands in the impending fuel price increment. Executive Director of COPEC, Duncan Amoah explained that the external factors that are beyond the control of government are to blame for the hike. Fuel prices are expected to …

The Institute of Energy Securities (IES) is forecasting prices of fuel on the local market remaining largely stable. However, it anticipates that competition between Oil Marketing Companies (OMCs) to control and gain more market shares may culminate in fuel falling marginally within the second Pricing window of April 2020 This …

The Minority has called on the government and the Oil Marketing Companies (OMC’s) to further reduce fuel prices by some 20 percent as oil prices on the world market continue to tumble. The call by the minority comes after fuel prices went down by some 4.7 percent on March 17 …

Fuel prices from Monday, March 16, 2020, are expected to fall by between 5 to 8 percent, which would bring some relief to consumers but whether commercial vehicle operators would reduce fares is another matter to fight over another day. Even though crude prices collapsed on the world market a …

Fuel prices are expected to go down marginally today, Saturday, 1 February 2020 between 2 and 4%, sources at the National Petroleum Authority have told Classfmonline.com This follows a significant reduction in the price of Brent Crude on the world market. At the same time, the local currency, cedi, has …

Prices of fuel in Ghana have this week gone up marginally, vindicating the prediction made by the Chamber of Petroleum Consumers (COPEC) on Tuesday, January 14, 2020. Petrol as of Friday, January 17 was selling at GH 5.50 per litre at various pumps, up GHC 9 pesewas from its previous …

The planned increment in the prices of fuel at the pumps has been halted following an intervention by President Akufo-Addo, Starr News has learnt. National Petroleum Authority (NPA) had in a notice Monday morning directed oil marketing companies to effect a 4 pesewa adjustment in the price of fuel. However, …