Ghana: OMCs Reduce Fuel Prices Significantly In New Year

Oil Marketing Companies (OMCs) in the Republic of Ghana have adjusted their pump prices downward in the New Year, energynewsafrica.com’s checks have revealed.

Currently, a litre of petrol is selling between Gh¢10.99 and Gh¢12.40 while diesel is sold between Gh¢14.60 and Gh¢15.79.

Fuel prices shot up astronomically in October 2022, 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 2022, 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 Tuesday, 3rd January 2023.

Leading Oil Marketing Companies, GOIL, Shell and TotalEnergies are all selling petrol at Gh¢12.40 per litre while diesel is sold at Gh¢14.60 per litre.

Torrid Global is selling both petrol and diesel at the same price as GOIL, TotalEnergies and Shell.

Petrosol is selling diesel at Gh¢11.95 per litre while petrol is being sold at Gh¢14.48 per litre.

Engen is selling petrol at Gh¢12.30 per litre while diesel is sold at Gh¢14.30 per litre.

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

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

Alinco Oil is 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.

Goodness and Benab Oil are selling petrol at Gh¢ 10.80 per litre while diesel is sold at Gh¢13.85 per litre.

Frimps Oil is selling petrol at Gh10.98 per litre while diesel is sold at Gh¢14.10 per litre.

Pacific is selling petrol at Gh¢12.99 per litre while diesel is sold at Gh¢15.79 per litre.

Puma Energy is selling petrol at Gh¢12.39 per litre while diesel is sold at Gh¢14.99 per litre.

Lucky Oil is selling petrol at Gh¢11.78 per litre while diesel is sold at Gh¢13.85 per litre.

Source: https://energynewsafrica.com