Latest Breaking News On - Zen petroleum - Page 13 : comparemela.com
Zen Petroleum, Benab Oil, Petrosol and Frimps Oil sold the least-priced fuel on the local market
modernghana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from modernghana.com Daily Mail and Mail on Sunday newspapers.
Average price per litre of fuel still Gh¢5 16 over stable prices – IES
modernghana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from modernghana.com Daily Mail and Mail on Sunday newspapers.
Diesel Price To Reduce; Gasoline Price To Remain Stable
modernghana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from modernghana.com Daily Mail and Mail on Sunday newspapers.
Local Fuel Prices To Increase Further
Review Of January Second Pricing-Window
By IES Ghana Listen to article
Price of fuel on the local market remained unstable within the window under review. Price of petroleum products within the second Pricing-window of January 2021 saw majority of Oil Marketing Companies (OMCs) increasing their figures marginally. The current national average price of fuel per litre at the pump is pegged at Gh¢4.97.
For this Pricing-window, Zen Petroleum, Benab Oil, Petrosol and Frimps Oil sold the least-priced fuel on the local market according to IES Market-Scan.
World Oil Market
For the window under assessment, Brent crude price averaged about $55.75 per barrel mark representing a 5.1o% increase from the previous window s average price of $53.06 per barrel mark.
The Chamber of Petroleum Consumers (COPEC) has asked the government to introduce measures to stop the increase in fuel prices.
According to the Chamber, fuel prices have shot up from GH¢4.67 to GH¢5.10 per litre within the spate of a month.
The Chamber said although these increases cannot be directly attributed to a deliberate governmental action, authorities have a responsibility to put in place measures to forestall them.
It also called for a âclear, effective, national petroleum price sustainability programmeâ in order to control these increases
Two days into 2020, the Institute of Energy Security (IES),
Fuel prices within the second Pricing-window of December 2019 saw the majority of the Oil Marketing Companies (OMCs) maintaining the prices of Gasoline and Gasoil unchanged.