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.
These price variations between different OMCs have raised questions about the underlying factors contributing to this disparity.
This expected decrease is attributed to the recent drop in refined petroleum product prices on the international market.
While trading gold can indeed help reduce forex demand and stabilize the cedi, it does not directly translate into lower fuel prices.
This strategic move allows Nigeria to stay within its OPEC+ quota of 1.5 million barrels of crude per day
Recent data from Cedirates indicated the several Oil Marketing Companies (OMCs) have adjusted their prices upward in the first pricing window of February.
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