Audio By Carbonatix
Oil Marketing Companies (OMCs) have begun increasing prices of petroleum products at the pumps.
This is due to the fortnight review of petroleum prices that took off from October 16, 2022.
Checks by Joy Business indicate that some OMCs are selling a price of petrol per liter for GH¢13.10, from the previous price of GH¢11.10, about a 16% increase.
On the other hand, the price of diesel per liter has shot up to about GH¢15.99, from the previous price of GH¢13.90. This is about 12% surge.
Amidst all these, the inflation rate has surged up to 37.2% for the month of September. Currently, the cedi has also depreciated by 2.8% to the dollar in just a single day.
PM Express will tonight discuss the recent fuel price increments amidst the current economic hardship.
Latest Stories
-
Livestream: Newsfile discusses LGBTQ references in SHS manual, detains fugitives and home-bound developments
44 minutes -
South Africa to showcase G20 legacy and investment-ready economy at World Economic Forum 2026
54 minutes -
India to expand scholarship schemes for Ghana and other African countries
58 minutes -
Karaga MP Dr Amin Adam upgrades basic school infrastructure, distributes 400 dual desks
3 hours -
Uganda’s president heads for victory as his main rival cries foul
3 hours -
Lt Col Dela Galley makes history as first female commander of Ghana Military Police
4 hours -
Nollywood special effects artist, James Akaie dies on set following gas explosion
4 hours -
27-year-old sentenced to seven years for pouring acid on former student
5 hours -
Ghana’s US envoy links job creation to ending youth deportations
5 hours -
Blair and Rubio among names on Gaza ‘Board of Peace’
6 hours -
Minister calls for inter-ministerial force to fix Accra’s rush-hour transit crises
6 hours -
Sarkodie’s Rapperholic UK edition sells out Royal Albert Hall
7 hours -
Academic exodus: Ghanaian PhD students in UK forced to withdraw as Scholarship Secretariat fails to pay fees
7 hours -
Antoine Semenyo’s £65m Manchester City switch sparks discussions in UK Parliament
8 hours -
Transport crises, Prof. Frimpong-Boateng v NPP and LGBTQI issues take centre stage on Joy Prime’s ‘Prime Insight’
9 hours