Ghana: OMCs Reduce Fuel Prices Further

Oil Marketing Companies (OMCs) in the Republic of Ghana have adjusted their pump prices further downward in a bid to cushion consumers during the festive season.

This comes barely a week when the OMCs adjusted their pump prices downward.

Currently, a litre of petrol is selling between Gh¢12 and Gh¢13.40 while diesel is sold between Gh¢14.47  and Gh¢15.85.

Fuel prices shot up astronomically in October, with diesel being sold at Gh¢23.49 per litre while petrol was sold at Gh¢17.89 per litre.

The increment in fuel prices, which was triggered by the weak Ghanaian cedi against major international currencies and the rise in crude oil prices, pushed prices of goods and services upward.

Fuel consumers lamented the situation due to the unbearable hardships it brought on them.

However, since November, fuel prices have been dropping significantly, bringing a huge relief to consumers.

Checks by energynewsafrica.com revealed that most of the OMCs have adjusted their pump prices as of Thursday, 22nd November 2022.

Leading Oil Marketing Companies, GOIL, Shell and TotalEnergies are all selling petrol at Gh¢13.40 per litre while diesel is sold at Gh¢15.85 per litre.

Petrosol is selling diesel at Gh¢12.79 per litre while petrol is being sold at Gh¢15.49 per litre.

Engen is selling diesel at Gh¢15.60 per litre while petrol is sold at Gh¢13.30 per litre.

Star Oil is selling petrol at Gh¢10.99 per litre while diesel is sold at Gh¢13.99 per litre.

Allied is selling petrol at Gh¢11.35 per litre while diesel is sold at Gh¢14.35 per litre.

Zen petroleum is selling petrol at Gh12.87 per litre while diesel is sold at Gh15.69.

Both Alinco and Goodness are selling petrol at Gh¢11.30 while diesel is being sold at Gh¢14.47

Duke’s petroleum is selling petrol at Gh¢11.50 per litre while diesel is sold at Gh¢14.95 per litre.

 Source: https://energynewsafrica.com