The Ghana Road Transport Coordinating Council, (GRTCC), has said it will soon meet with the Ministry of Transport over a possible review of transport fares in the country. The Council said this will be in line with its convention of reviewing transport fares twice each year. Andrews Kwakye, the General Secretary of the GRTCC, told … Read more
The Ghana Road Transport Coordinating Council, (GRTCC), has said it will soon meet with the Ministry of Transport over a possible review of transport fares in the country. The Council said this will be in line with its convention of reviewing transport fares twice each year. Andrews Kwakye, the General Secretary of the GRTCC, told … Read more
The Chamber of Petroleum Consumers (COPEC) has called on government to review the special petroleum tax levy. This they say will clamp down on the constant increase of fuel prices. Prices of some petroleum products went up by between 8 and 11 percent for the first pricing window in January, with many describing the development … Read more
The Chamber of Petroleum Consumers(COPEC) has called on government to review the special petroleum tax levy. This they say will clamp down on the constant increase of fuel prices. Prices of some petroleum products went up by between 8 and 11 percent for the first pricing window in January, with many describing the development as … Read more
Prices of some petroleum products have gone up by 11 percent for the first pricing window in January. Checks by Citi Business News indicate that the price of a litre of petrol has gone up between 8 and 11 percent while the same quantity for a litre of diesel has gone up between 9 and … Read more
Prices of some petroleum products have gone up by 11 percent for the first pricing window in January. Checks by indicate that the price of a litre of petrol has gone up between 8 and 11 percent while the same quantity for a litre of diesel has gone up between 9 and 11 percent. A … Read more
The price of petrol and diesel in the UK has risen to its highest since July 2015, following a three-pence-a-litre increase in December alone. The average cost of unleaded petrol hit 117.23p at the end of the month, with diesel reaching 119.63p, the RAC said. The wholesale price of both fuels has risen significantly, following … Read more
The Chamber of Petroleum Consumers of Ghana has criticised Oil Marketing Companies (OMCs) for increasing fuel prices by as much as 9%. In a statement, COPECGH said pump prices as of “this morning [January 4, 2017] have gone up by over 9% from some of the major oil marketing companies though the majority are yet … Read more
Outgoing Finance Minister Seth Terkper, who also doubles as acting Power Minister, has assured Ghanaians there will be no increment in fuel prices at least during the Yuletide. “As we stand here BOST together with Ministry of Finance have invested in three cargos of crude which we put in strategic stock at South Africa, U. … Read more
Fuel prices have gone up by six per cent at the various service stations across the country, the Chamber of Petroleum Consumers Ghana has said. This current increases ranging between 4 and 6 per cent across the pumps is largely traced to the upward volatility of world market indexes over the past fortnight coupled with … Read more
The Institute of Energy Security has projected a likely increase in fuel prices for the 2nd window Fuel prices are expected to increase at the various pumps by 2% anytime from December 16, 2016. According to the Institute of Energy Security, projections for the second pricing window show that the increment will span from December … Read more
Fuel prices are expected to increase at the various pumps by 2% anytime from December 16, 2016. According to the Institute of Energy Security, projections for the second pricing window show that the increment will span from December 16 to December 31. Principal Research Analyst at the Institute of Energy Security, Richard Rockson explains that … Read more
The Institute of Energy Security has said fuel prices are likely to go up by 2% from December 16 to December 31, 2016 per the second pricing window. Speaking to Benard Nasara Saibu on the Morning Starr, Principal Research Analyst at the Institute of Energy Security, Richard Rockson said consumers should brace themselves for an … Read more
The Chamber of Petroleum Consumers Ghana ( COPECGH ) is calling on the security agencies to put in place every the necessary contingency measures to extend the needed protection to the various fuel stations across the country. According to the Chamber, evidence gathered points to potential attacks and explosions at some of these fuel stations in the … Read more
The Chamber of Petroleum Consumers Ghana has announced that fuel prices have gone down at the pump between 1 to 4 percent, barely a week to the December 7 polls. A statement signed by Duncan Amoah, Executive Secretary of the chamber, attributed the drop to the consistent decline in crude prices on the international market. … Read more
The Chief Executive Officer of the Chamber for Bulk Oil Distribution Companies (BDC) Senyo Horsi has warned government to end alleged unfair pricing war its engaged in with some BDC’s and Oil Marketing Companies (OMC’s) in the country. According to Senyo Horsi government is alleged to be engaged in subsiding its companies to stay prices … Read more
The prices of petroleum products have reduced considerably across pump stations in the country. The reduction had come off the back of predictions by the flagbearer of the New Patriotic Party, Nana Akufo-Addo, and the Institute for Energy Security (IES). Nana Akufo-Addo had said the government will reduce petrol price in a “desperate” move to … Read more
According to the Institute of Energy Security, trading activities within first pricing window for the month of November reveals most oil marketing companies are losing their market share to Goil, Top Oil, Radiance Oil, Glory Oil and Allied Oil because they were selling the cheapest fuel on the local market. Shell (Vivo Energy), Total Petroleum … Read more
Fuel prices are expected to fall by between 1.5 and 3% in the second-pricing window for November 2016, the Institute for Energy Security (IES) has projected. “As a result of marginal loss of the Ghana Cedi to the U. S. Dollar, the up to 8.12 % reduction in the prices of finished products on the … Read more
The Institute for Energy Security (IES) has predicted a marginal drop in petrol and diesel prices in Ghana in the coming days. According to IES, per their analysis, diesel and petrol are likely to go down by 1.5% and 3.0% respectively on the local market. “As a result of marginal loss of the Ghana Cedi … Read more