Ghana’s Fuel Price Cuts ‘Woefully Inadequate,’ Says COPEC
COPEC criticizes minimal fuel price cuts in June, calling them inadequate despite forex stability.
COPEC criticizes minimal fuel price cuts in June, calling them inadequate despite forex stability.
“Believe me, in the next window, we are even foreseeing Fuel selling for GHS 12.
The upward adjustment reflects recent developments in the international oil market, particularly supply constraints and geopolitical tensions...
The pricing update for the March 16th – 31st window highlights the impact of declining crude oil prices, global market adjustments
Although the cost of refined petroleum products has declined internationally, the weakening Cedi-to-Dollar exchange rate has counteracted these benefits.