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
-
Ghana nominates Dr Sylvia Adusu for election to ITLOS
4 minutes -
Word champions shine at maiden Junior Journal Spelling Bee Competition
4 minutes -
Agric Minister demands 10% budget allocation for agriculture in Africa
4 minutes -
Africa must gain more from billion-dollar cocoa-chocolate industry—Agric Minister
7 minutes -
KNUST-German Partnership advances innovative solutions to textile and plastic waste
9 minutes -
Agriculture can eliminate youth unemployment in Africa—Agric Minister
14 minutes -
Golf is the Ultimate Meritocracy
14 minutes -
Minority demands original 2024 Anti-LGBTQ+ Bill be sent to Mahama for assent
20 minutes -
Muslim coalition sounds alarm over loopholes in new anti-LGBTQI+ billÂ
31 minutes -
Maritime development key to Africa’s economic transformation – GEXIM
51 minutes -
CSOs push for electoral reforms, propose new law on campaign financing
1 hour -
Nigeria celebrates historic seven-medal haul in Bamako
1 hour -
SIC Insurance posts GH¢84m profit as revenue rises, but audit flags subsidiary liabilities
1 hour -
Afreximbank invites Rugby Africa President Herbert Mensah to address the 33rd Annual Meetings on a Panel Exploring Sport as a driver of African Industrialisation
1 hour -
From the classroom to the home: How one day in Bulingin is changing healthy habits for good
1 hour