Audio By Carbonatix
Prices of petroleum products at the pumps could go up again by the end of next month if the trend on the international market continues.
The commodity is currently priced above the 100 dollar barrel mark, a situation being attributed to the political crisis in Egypt where a significant amount of crude transits through the Suez Canal.
According to the National Petroleum Authority a price increase would be justified because the current pump price is based on a world market price of between 90 and 95 dollars.
Chief Executive Alex Mould however explained the NPA will continue to monitor the trend.
Source: Joy Business/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Digital strategy platform ‘Strategy Partner Pro’ launched
6 minutes -
Jaguar Land Rover to cut 4,000 jobs
9 minutes -
Ghana moves to become Africa’s vaccine and pharmaceutical manufacturing hub
16 minutes -
WAEC cancels entire results of 861 candidates over possession of mobile phones
18 minutes -
Sunbeth Global Concepts redeems ₦25.1bn CP, demonstrating strong liquidity, investor confidence
22 minutes -
WAEC urges revival of reading culture, better teacher training to improve English
25 minutes -
WAEC blames weak grammar, poor reading culture for decline in 2026 WASSCE English results
29 minutes -
I am American, I am Ghanaian: Where do I stand in the reparations conversation?
31 minutes -
GAMLS urges gov’t to prioritise purpose-built laboratories ahead of Free Primary Healthcare
33 minutes -
Video: Watch highlights of Medeama SC’s loss to TP Mazembe in Tarkwa
35 minutes -
Ghanaian vaccine makers gain access to 1.4bn African market under new deal
37 minutes -
The Wontumi Trial: Why this court ruling could change Ghana’s mining industry forever
49 minutes -
GPL 2026/27: ‘We will continue this form’ – Hearts boss Nebojsa assures after sizzling start
49 minutes -
Calls for Chief Justice’s resignation over SOE remarks ‘a bit excessive’ – Vicky Bright
52 minutes -
We need a courageous leader to succeed Mahama – NDC’s James Agbey
55 minutes