{"id":51295,"date":"2023-03-29T16:59:14","date_gmt":"2023-03-29T16:59:14","guid":{"rendered":"https:\/\/www.ghanamma.com\/2023\/03\/29\/ies-predicts-drop-in-fuel-prices-from-april-1\/"},"modified":"2023-03-29T16:59:14","modified_gmt":"2023-03-29T16:59:14","slug":"ies-predicts-drop-in-fuel-prices-from-april-1","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2023\/03\/29\/ies-predicts-drop-in-fuel-prices-from-april-1\/","title":{"rendered":"IES predicts drop in fuel prices from April 1"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The Institute for Energy Security (IES) is forecasting a 2% to 5% decrease in fuel prices in the first pricing window in April.<\/p>\n<p>According to IES, Liquefied Petroleum Gas will be the biggest gainer, with a 9% decrease in price.<\/p>\n<p>IES Research Analyst, Adam Yakubu, speaking to <strong>Citi News<\/strong> said, this development is due to the drop in the price of crude oil on the international market, as well as the stability of the cedi against major trading currencies such as the US dollar.<\/p>\n<p>\u201cLPG has seen the biggest fall in price in closing the window. What will this mean for the domestic consumers of petroleum products? [It means that] within the market, we are looking at a slight drop between 2 and 5 percent across. LPG can do about a nine percent reduction. So, for the next two weeks, we project that the prices of these products will reduce\u201d, he said.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Institute for Energy Security (IES) is forecasting a 2% to 5% decrease in fuel prices in the first pricing window in April. According to IES, Liquefied Petroleum Gas will be the biggest gainer, with a 9% decrease in price. IES Research Analyst, Adam Yakubu, speaking to Citi News said, this development is due to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":51296,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-51295","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IES predicts drop in fuel prices from April 1 - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2023\/03\/29\/ies-predicts-drop-in-fuel-prices-from-april-1\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IES predicts drop in fuel prices from April 1 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The Institute for Energy Security (IES) is forecasting a 2% to 5% decrease in fuel prices in the first pricing window in April. 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