The prices of petrol and diesel have gone up marginally at the pumps in the Republic of Ghana.
Petrol now sells between Gh¢13.65 and Gh¢15.22 while diesel is selling between Gh¢13.83 and Gh¢14.69 per litre.
Unlike in other parts of Africa where fuel prices are reviewed monthly, in Ghana, fuel prices are reviewed every two weeks.
During the second pricing window for April, which ended on April 30, 2024, a litre of petrol was sold between Gh¢13.13 and Gh¢14.99 while diesel was sold between Gh14.11 and Gh¢14.70 per litre.
The increment in fuel prices is due to the rising cost of refined products on the international market and exchange rate volatility.
Leading oil marketing company, GOIL Plc, sells petrol at Gh¢14.40 per litre while diesel is sold at Gh¢14.65 per litre.
Star Oil is selling petrol at Gh¢13.99 per litre while diesel is selling at Gh¢13.97 per litre.
Shell sells both petrol and diesel at Gh¢14.69 per litre.
TotalEnergies, one of the market leaders, is selling both petrol and diesel at Gh¢14.65 per litre.
Petrosol Ghana Limited, one of the top ten OMCs, has also adjusted its pump prices and is selling petrol at Gh¢14.39 per litre while diesel is sold at Gh¢14.59 per litre.
Zen is selling petrol at Gh¢13.73 per litre while diesel is selling at Gh¢13.96 per litre.
Engen Ghana is selling both petrol and diesel at Gh¢14.55 per litre.
Allied Oil is selling petrol at Gh¢13. 65 per litre while diesel is sold at Gh¢13.83 per litre.
Pacific Oil is selling petrol at Gh¢13.98 per litre while diesel was sold at Gh¢14.28 per litre.
Dukes is selling petrol at Gh¢13.65 per litre while is selling diesel at Gh¢13.80 per litre.
Cash Oil is selling both petrol and diesel at Gh¢13.75 per litre.
Lucky Oil is selling petrol at Gh¢13.96 and diesel at Gh¢13.93 per litre.
Alinco is selling both petrol and diesel at Gh¢13.69 per litre.
Data from the regulator, the National Petroleum Authority (NPA), showed that the prices of finished products—diesel and petrol—witnessed some changes.
While the price of petrol jumped on the international market, diesel, on the other hand, saw a reduction in price within two weeks.
Petrol went up to US$942.30 per metric tonne while diesel went down to US$792.02 per metric tonne.
Source: https://energynewsafrica.com