Tag: Fuel Prices

Mixed Adjustments in Fuel Prices as OMCs React to Global Market Pressures

IES warns that while local fuel prices remain stable, escalating Iran-Israel tensions could drive global oil prices higher

The Chamber of Oil Marketing Companies (COMAC) has issued a formal clarification regarding recent fuel price adjustments under the June 1st pricing window, following public concerns over what has been ...

The Africa Sustainable Energy Centre projects a 5-9% reduction in Ghana’s fuel prices, citing a stronger cedi and falling global oil prices.

Joyce Bawah Mogtari, Presidential Adviser and Special Aide to President John Dramani Mahama, has strongly advocated for equitable pricing across the country, citing the stability of the Ghanaian cedi.  Bawah ...

Sampson Addae, an energy expert at the Chamber of Petroleum Consumers Ghana (COPEC), has urged the Ministry of Transport to hold thorough engagements with the Ghana Private Road Transport Union ...

As the Ghanaian cedi continues to appreciate against major foreign currencies, pressure is mounting on transport operators to reduce transport fares in line with falling fuel prices.  Duncan Amoah, Executive ...

Ghana's inflationary pressures have shown signs of easing in recent months. The country’s headline inflation dropped to 22.40% in March 2025, from 23.10% in February, marking the third consecutive monthly ...

The report highlighted complex international and domestic dynamics that are shaping pump prices, inflation risks, and energy affordability in the short term.

COPEC argued that the OMCs are manipulating the pricing system to maximize profits at the expense of the Ghanaian public.