Oil Marketing Companies (OMCs) in the Republic of Ghana have adjusted their pump prices upward with some increasing petrol price by Gh¢1 while diesel saw a 15 pesewas increment.
Unlike other parts of Africa where fuel prices are reviewed monthly, in Ghana, fuel prices are reviewed every two weeks.
Given this, Oil Marketing Companies, on Monday, started increasing their pump prices.
A litre of petrol is now selling between Gh¢12.99 and Gh¢13.10 while diesel is sold between GH¢12.99 and GH¢12.99.
As of Monday morning, leading indigenous Oil Marketing Company, GOIL PLc and Shell, adjusted their pump prices with petrol selling at Gh¢13.10 per litre while diesel is sold at Gh¢12.99 per litre.
TotalEnergies adjusted its pump prices with both petrol and diesel selling at Gh¢12.99 per litre.
Petrosol Ghana adjusted its pump prices with petrol selling at Gh¢12.97 and diesel selling at Gh¢12.84 per litre.
Quantum adjusted its pump prices with petrol selling at Gh¢12.69 and diesel selling at Gh¢12.84 per litre.
Star Oil is selling both petrol and diesel at GH¢12.69 per litre.
Goodness is selling both petrol and diesel at Gh¢12.59 per litre.
Alinco is selling petrol at Gh¢ 11.50 while diesel is sold at Gh¢12.25 per litre.
Zen Petroleum is selling petrol at Gh¢12.58 while diesel is sold at Gh¢12.67 per litre.
Other OMCs are yet to adjust their pump prices.
During the first pricing window which ended on Saturday, April 15, 2023, petrol was sold between Gh¢11.69 and Gh¢12.65 while diesel was sold between Gh¢11.79 and Gh¢12.84 per litre.
Fuel prices started falling in February as a result of the fall in crude oil prices on the international market and the stability of the local currency, Cedi, as well as the implementation of gold for oil programme implemented by the government.
Source: https://energynewsafrica.com
