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
-
Scrap 24-Hour economy, return to 1D1F – Oppong Nkrumah tells government
50 minutes -
GH¢650bn spent in two years but 24-hour economy has no beneficiaries – Oppong Nkrumah
56 minutes -
Air quality experts meet in South Africa to push investment in clean air as Africa’s pollution crisis deepens
2 hours -
Old Tafo, Manso Nkwanta NPP elections: Ashanti Committee insists on use of new album
2 hours -
NDPC validates results framework for 2026–2029 national development policy
2 hours -
‘Football rewards those who are committed when no one is watching’ — Benjamin Tetteh’s mission to uncover Ghana’s next generation
3 hours -
Arsenal agree fee for Trossard move to Besiktas
3 hours -
Balogun expected controversy after World Cup ban waived
3 hours -
Villa warned over sportswashing after Visit Rwanda deal
3 hours -
Man Utd sign Tielemans for £35m from Aston Villa
3 hours -
U.S. Embassy to suspend most routine consular services for two weeks
4 hours -
Government to begin final evacuation of 900 Ghanaians from South Africa on July 25
4 hours -
BHIM Band calls for recognition of backing vocalists and bands in Ghana’s music industry
4 hours -
Digital Chamber backs BoG’s Zeepay licence revocation, assures public of payment system stability
4 hours -
Parliament approves £17 million lease extension for Ghana International Bank building in London
5 hours