{"id":184613,"date":"2024-05-30T09:23:01","date_gmt":"2024-05-30T09:23:01","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/05\/30\/ies-predicts-price-surge-in-june\/"},"modified":"2024-05-30T09:23:01","modified_gmt":"2024-05-30T09:23:01","slug":"ies-predicts-price-surge-in-june","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/05\/30\/ies-predicts-price-surge-in-june\/","title":{"rendered":"IES predicts price surge in June \u2013"},"content":{"rendered":"<p><\/p>\n<div>\n<p id=\"article-123\">The Institute for Energy Security (IES) has predicted an increase in fuel prices in the first half of June 2024, due to developments in the foreign fuel and domestic forex markets, as the cedi\u2019s performance continues to deteriorate.<\/p>\n<p>According to recent data from IES, petrol, diesel and LPG prices have decreased by 4.17%, 0.87%, and 3.44%, respectively, over the past two weeks.<\/p>\n<p>Normally, such a trend would lead to lower prices at the pump; however, the Ghana Cedi\u2019s significant depreciation against the US dollar \u2014 a 4.17% drop\u2014might negate these gains and limit the price reduction for consumers.<\/p>\n<p>IES analysis of global petroleum product trends, as reflected in Standard &amp; Poor\u2019s (S&amp;P\u2019s) Platts, indicates that petrol, diesel, and LPG prices have all declined.<\/p>\n<p>The latest data from the second pricing window of May 2024 shows that petrol prices dropped to $851.73 per metric ton, diesel to $749.70 per metric ton, and LPG to $444.80 per metric ton.<\/p>\n<p>This represents a decrease of 4.17% for petrol, 0.87% for diesel, and 3.44% for LPG.<\/p>\n<p><strong>Source:\u00a0<\/strong>happyghana.com<\/p>\n<p><!-- CONTENT END 1 --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Institute for Energy Security (IES) has predicted an increase in fuel prices in the first half of June 2024, due to developments in the foreign fuel and domestic forex markets, as the cedi\u2019s performance continues to deteriorate. According to recent data from IES, petrol, diesel and LPG prices have decreased by 4.17%, 0.87%, and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":120620,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-184613","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IES predicts price surge in June \u2013 - 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\/2024\/05\/30\/ies-predicts-price-surge-in-june\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IES predicts price surge in June \u2013 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The Institute for Energy Security (IES) has predicted an increase in fuel prices in the first half of June 2024, due to developments in the foreign fuel and domestic forex markets, as the cedi\u2019s performance continues to deteriorate. According to recent data from IES, petrol, diesel and LPG prices have decreased by 4.17%, 0.87%, and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2024\/05\/30\/ies-predicts-price-surge-in-june\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-30T09:23:01+00:00\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/05\\\/30\\\/ies-predicts-price-surge-in-june\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/05\\\/30\\\/ies-predicts-price-surge-in-june\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"headline\":\"IES predicts price surge in June \u2013\",\"datePublished\":\"2024-05-30T09:23:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/05\\\/30\\\/ies-predicts-price-surge-in-june\\\/\"},\"wordCount\":175,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/05\\\/30\\\/ies-predicts-price-surge-in-june\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/05\\\/30\\\/ies-predicts-price-surge-in-june\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/05\\\/30\\\/ies-predicts-price-surge-in-june\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/05\\\/30\\\/ies-predicts-price-surge-in-june\\\/\",\"name\":\"IES predicts price surge in June \u2013 - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/05\\\/30\\\/ies-predicts-price-surge-in-june\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/05\\\/30\\\/ies-predicts-price-surge-in-june\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2024-05-30T09:23:01+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/05\\\/30\\\/ies-predicts-price-surge-in-june\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/05\\\/30\\\/ies-predicts-price-surge-in-june\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/05\\\/30\\\/ies-predicts-price-surge-in-june\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/05\\\/30\\\/ies-predicts-price-surge-in-june\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IES predicts price surge in June \u2013\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\",\"name\":\"Ghana News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"caption\":\"Ghana News\"},\"sameAs\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\"],\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/author\\\/ghanamma\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"IES predicts price surge in June \u2013 - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2024\/05\/30\/ies-predicts-price-surge-in-june\/","og_locale":"en_US","og_type":"article","og_title":"IES predicts price surge in June \u2013 - Ghanamma.com","og_description":"The Institute for Energy Security (IES) has predicted an increase in fuel prices in the first half of June 2024, due to developments in the foreign fuel and domestic forex markets, as the cedi\u2019s performance continues to deteriorate. According to recent data from IES, petrol, diesel and LPG prices have decreased by 4.17%, 0.87%, and [&hellip;]","og_url":"https:\/\/www.ghanamma.com\/2024\/05\/30\/ies-predicts-price-surge-in-june\/","og_site_name":"Ghanamma.com","article_published_time":"2024-05-30T09:23:01+00:00","author":"Ghana News","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ghana News","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2024\/05\/30\/ies-predicts-price-surge-in-june\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/05\/30\/ies-predicts-price-surge-in-june\/"},"author":{"name":"Ghana News","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"headline":"IES predicts price surge in June \u2013","datePublished":"2024-05-30T09:23:01+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/05\/30\/ies-predicts-price-surge-in-june\/"},"wordCount":175,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/05\/30\/ies-predicts-price-surge-in-june\/#primaryimage"},"thumbnailUrl":"","articleSection":["Business"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2024\/05\/30\/ies-predicts-price-surge-in-june\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2024\/05\/30\/ies-predicts-price-surge-in-june\/","url":"https:\/\/www.ghanamma.com\/2024\/05\/30\/ies-predicts-price-surge-in-june\/","name":"IES predicts price surge in June \u2013 - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/05\/30\/ies-predicts-price-surge-in-june\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/05\/30\/ies-predicts-price-surge-in-june\/#primaryimage"},"thumbnailUrl":"","datePublished":"2024-05-30T09:23:01+00:00","author":{"@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"breadcrumb":{"@id":"https:\/\/www.ghanamma.com\/2024\/05\/30\/ies-predicts-price-surge-in-june\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2024\/05\/30\/ies-predicts-price-surge-in-june\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2024\/05\/30\/ies-predicts-price-surge-in-june\/#primaryimage","url":"","contentUrl":""},{"@type":"BreadcrumbList","@id":"https:\/\/www.ghanamma.com\/2024\/05\/30\/ies-predicts-price-surge-in-june\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ghanamma.com\/2024\/"},{"@type":"ListItem","position":2,"name":"IES predicts price surge in June \u2013"}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2024\/#website","url":"https:\/\/www.ghanamma.com\/2024\/","name":"Ghanamma.com","description":"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2024\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5","name":"Ghana News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","caption":"Ghana News"},"sameAs":["https:\/\/www.ghanamma.com\/2024"],"url":"https:\/\/www.ghanamma.com\/2024\/author\/ghanamma\/"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/184613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/comments?post=184613"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/184613\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media?parent=184613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/categories?post=184613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/tags?post=184613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}