<\/p>\n
Consumers of petroleum products, can heave a sigh of relief as the price of petrol is expected to go down by about 4 percent per litre at the various pumps in the 1st pricing window of July.<\/p>\n
This is according to a recent analysis by the Institute for Energy Security (IES).<\/p>\n
This follows a consistent rise in the price of fuel at the pumps in previous windows.<\/p>\n
A recent analysis, issued by the Institute for Energy Security, notes that the reduction can be attributed to the 3.20% fall in the price of Gasoline, a 15.71% fall in the price of LPG, and a 2.05% appreciation of the cedi against the US Dollar.<\/p>\n
It notes that the price of petrol is projected to reduce by roughly 4%, to sell below GH\u00a210.50 per litre while the price of Liquified Petroleum Gas (LPG) is projected to fall further by approximately 4% from its current price.<\/p>\n
However, the 1.97% rise in the price of Gasoil on the international fuel market may either cause a stability in the current price of Gasoil, or a marginal jump in price at the pumps of the various OMCs.<\/p>\n
Fuel prices for a while now have been increasing consistently on the local market due to developments on the international market.<\/p>\n
Currently, the national average price of fuel per litre at the pumps is pegged at GH\u00a211 and GH\u00a214 for Gasoline and Gasoil respectively.<\/p>\n
For the last pricing window, which was the second pricing window of June, prices of fuel on the local market increased by over 4%. The price of Gasoil and Gasoline increased by 5% and 3% respectively.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Consumers of petroleum products, can heave a sigh of relief as the price of petrol is expected to go down by about 4 percent per litre at the various pumps in the 1st pricing window of July. This is according to a recent analysis by the Institute for Energy Security (IES). This follows a consistent […]<\/p>\n","protected":false},"author":1,"featured_media":1138199,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[6761,600,2386,5995,6161,601,7176,13722],"class_list":["post-1138197","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-fall","tag-ies","tag-july","tag-lpg","tag-petrol","tag-prices","tag-pricing","tag-window"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1138197","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1138197"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1138197\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1138197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1138197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1138197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}