27th October 2022 8:21:18 AM
1 min readBefore the second pricing window opens on Sunday, October 30, 2022, it is anticipated that consumers of petroleum goods would see another increase.GhanaWeb Business' checks reveal that several oil marketing companies have raised the cost of gasoline and diesel by roughly 10%.Despite a stable price regime for crude oil on the international market, certain OMCs in Ghana have started to modify fuel prices.
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For instance, GOIL and TotalEnergies are selling petrol at GH¢13.99 a litre while Petrosol and Engen are selling petrol for GH¢17.45 pesewas per litre and GH¢17.54 pesewas respectively.For a litre of diesel, Petrosol and Engen are selling at GH¢19.89 pesewas and GH¢19.44 pesewas respectively.The rather significant hike in the price of petroleum has sparked renewed concerns for consumers.
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The development has since been attributed to the persistent depreciation of the cedi against the US Dollar.Also, the move is reported to have forced some OMCs to make price adjustments ahead of the regularly bi-weekly review of the price of petroleum products.Meanwhile, the Ghana Private Road Transport Union (GPRTU) on October 26, announced their decision to increase transport fares for commuters by 19 percent effective Saturday 29, 2022.
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The decision comes after the Union held extensive engagements with President Nana Addo Dankwa Akufo-Addo and other transport operators across the country.
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