Ghana’s largest indigenous petroleum downstream oil marketing company, GOIL, has reviewed its pump prices for petrol and diesel effective, July 2, 2025.
The price of Petrol (RON 91) has been reduced to Gh¢12.07 per litre from Gh¢12.38 per litre, while Diesel price was adjusted upward to Gh¢13.20 per litre from Gh¢12.88 per litre. The price of Petrol (RON 95) remained unchanged at Gh¢14.34 per litre.
In Ghana, fuel prices are reviewed every two weeks by Oil Marketing Companies (OMCs) based on key factors such as exchange rates, cost of refined petroleum products, and inflation.
In contrast, fuel prices are reviewed monthly in other parts of Africa.
As of Tuesday, the average interbank exchange rate for a dollar was Gh¢10.33
On the international market, gasoline is sold at US$740.93 per metric ton, while gasoil was sold at US$722.48 per metric ton, and LPG is sold at US$492.14 per metric ton.
Crude oil prices soared before the Iran-Israel ceasefire deal, with Brent rising to $81 per barrel, while WTI rose to $76 per barrel.
Source: https://energynewsafrica.com
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