Tag: Petroleum Products
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OMCs reject calls for reduction in fuel cost to reflect global crude prices
The Association of Oil Marketing Companies is urging restraint among some industry watchers and analysts who are demanding a reduction in prices to reflect the downward trends in global crude oil prices and the relative stability of the cedi. According to the CEO of the Association, Kwaku Agyeman Duah, the reduction can only be felt…
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Fuel prices to drop in first February pricing window – IES
The Institute of Energy Security (IES) is predicting that prices of petroleum products are likely to fall at the pumps in the first pricing window of February. The expected fall, the energy policy think tank said, reflects the fall in the prices of Brent crude, gasoil and gasoline prices on the world market. According to…