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Fuel rates are foreseen to decline

Petrol presently selling at approximately GH¢10.10 per liter

Crude oil is presently trading at 117 dollars a barrel, which is mind-blowing

The Diesel now is similarly selling at GH¢12.20 in Ghana 🇬🇭

The Data from the Bulk Oil Distribution Companies have distracted me that petroleum prices are wanted to plunge with some elements anticipated to increase.

Petrol and LPG are anticipated to fall by practically 8% while diesel is anticipated to surge by over 3% from July 2, 2022, as broadcasted by JoyBusiness news.

These deductions have been assigned to favorable happenings on the international market according to the news.

Regardless, Oil and Gas Marketing Companies (OMCs) will decrease the pressure on consumers by curtailing the prices of the pumps as adequately.

The normal price of energy heightened by approximately GH¢1.33 per liter from June 16.

Petrol at several energy pumps is presently ended at about GH¢10.10 per liter, wherein the diesel is going for GH¢12.20.

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