Oil marketing companies in the Republic of Ghana have adjusted their fuel prices at the pumps across the West African nation.
Almost all the OMCs adjusted their petrol and diesel prices on Tuesday, November 1, 2022.
GOIL, Shell and TotalEnergies which are the market leaders are selling petrol at Gh¢17.99 per litre while diesel is sold at Gh¢23.49 per litre.
GOIL, TotalEnergies, Shell, Pacific, Petrosol, Engen, Cash Oil and a few others had adjusted their pump prices.
Alinco oil is selling petrol at Gh¢17.65 per litre while diesel is sold at Gh¢23.15 per litre.
Pacific is selling petrol at Gh¢17.84 per litre while diesel is sold at Gh¢23.34 per litre.
Our checks indicate that Goodness is selling petrol at Gh¢17.00 per litre while diesel is sold at Gh¢23.00
Meanwhile, Duke’s petroleum is selling petrol at Gh¢16.95 per litre while diesel is sold at Gh¢18.95
Although crude oil prices have remained below $100 per barrel for more than two months, the continuous depreciation of the Ghanaian cedi is largely to be blamed for the rising cost of fuel in the West African nation.
As of Wednesday, Brent crude was trading at $94.67 per barrel while WTI was selling at $88.32 per barrel.
Source: https://energynewsafrica.com