Oil marketing companies in the Republic of Ghana have reviewed the price of petrol with a litre selling between Gh¢14.35 and Gh¢14.82.
During the first pricing window of November which was from 1st to 15th, major oil companies sold a litre of petrol between Gh¢13.99 and Gh¢14.99.
Diesel was sold between ¢14.99 and ¢15.50 per litre.
However, as of Tuesday, November 19, GOIL PLC and Shell were the only OMCs that had revised their pump prices downward.
GOIL is selling Super XP(Ron 91) at Gh¢ 14.35 and Super XP (Ron 95) while diesel is sold at GH¢ 15.34 per litre.
Shell is also selling petrol at Gh¢14.87 per litre while diesel is sold at Gh¢14.92 per litre.
Other OMCs are likely to review their pump prices within the week.
Unlike other parts of Africa where fuel prices are reviewed every month, in Ghana, fuel prices are reviewed every two weeks.
As of the close of business, Tuesday, average interbank rates for a US dollar was Gh¢15.9120(buying) and Gh¢15.9280(selling).
Source: https://energynewsafrica.com