Tag Archives: OMCs

Several oil marketing companies  (OMCs) have started lowering the prices of petroleum products at their pumps, effective today, September 2, 2024. Market analysts attribute the recent price reductions to a combination of factors, including the slowing depreciation of the Ghanaian cedi against the US dollar over the past two weeks, …

The Chamber of Petroleum Consumers (COPEC) has stated that oil marketing companies have overpriced fuel for the first pricing window of January 2023. Detailing its projections and predictions for the first window, COPEC stated that fuel petrol should be sold at GH¢10.59 and diesel at GH¢12.84. COPEC, therefore, calls for …

Consumers of petroleum products are expected to witness a reduction in prices across the country from January 2, 2023. This comes after some major Oil Marketing Companies (OMCs) have begun to adjust prices downwards at various pumps. Checks by GhanaWeb Business to some OMCs showed that GOIL has reduced the …