Major Oil Marketing Companies in the Republic of Ghana have reduced the prices of fuel at the pump following a drop in crude oil prices.
As of Monday morning, leading oil marketing companies namely GOIL, Shell and TotalEnergies have all adjusted their prices downward.
GOIL reduced its pump price for diesel from Gh¢13.63 per litre to Gh¢13.26, representing 37 pesewas while Super (petrol) price witnessed a reduction of 35 pesewas from Gh¢11:30 per litre to Gh¢10:95 per litre.
Shell and TotalEnergies also reduced their pump prices by over 30 pesewas.
A litre of petrol and diesel are now sold at Gh¢10.95 and Gh¢13.30 respectively at the retail outlets of both shell and TotalEnergies.
Likely, some of the smaller OMCs will also adjust their pump prices by a small margin since they have always been selling below the prices sold by the major players.
As of 12:45 GMT on Tuesday, WTI was trading at $94.54 per barrel while benchmark crude Brent was trading at $100.5.
Source: https://energynewsafrica.com
