Fuel prices expected to drop in February second pricing window – IES

The second pricing window in February is expected to see a slight decrease in gasoline costs, according to the Institute for Energy Security (IES).

In the second week of the pricing window, IES predicts that the price of gasoline would decrease by around 4.26%, from Ghana cedi 15.90 to roughly Ghana cedi 15.25

During the pricing window under consideration, the cost of liquefied petroleum gas is anticipated to be set at GH13.51 per kilogram at all LPG stations nationwide.

According to the monitoring done by IES, the National Petroleum Authority’s recommendations for a price adjustment to reflect the government’s Gold for Oil Policy are mostly to blame for the variations in gasoil prices.

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Source: Ghanatodayonline.com/Louis Gyamerah