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Fuel Prices To Reduce Tomorrow, August 1

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Prices of petroleum products are expected to decrease beginning from Thursday, August 1.

The prices are to reduce between 2% and 4% for petrol, diesel and Liquefied Petroleum Gas (LPG).

“Precisely, the price of gasoline [petrol] fell by 2.99%, gasoil [diesel] by 4.59%, and LPG by 1.10% in the second half of July 2024.  The Ghana cedi also recorded slowed depreciation (0.52%), the lowest since February 2024.

“Following the positive realised on the foreign fuel market coupled with the slowed depreciation of Ghana Cedi recorded on the domestic forex market, the Institute for Energy Security (IES) projects a fall in fuel prices in the coming days”, revealed by the Institute for Energy Security (IES).

 

Source: Ghmessenger.com

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