3 h. ago Ghana Fuel Prices Could Stabilize in October if Cedi Steadies Despite OPEC+ Boost

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-fuel-prices-could-stabilize-in-october-if-cedi-steadies-despite-opec-boost/Fuel prices in Ghana could stabilize or decline into October if the cedi’s recent depreciation halts, despite Oil Marketing Companies raising pump prices in early September following the local currency’s weakness against major international currencies. OPEC+ agreed in principle to increase oil production by approximately 137,000 barrels per day starting October, during a video call […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-fuel-prices-could-stabilize-in-october-if-cedi-steadies-despite-opec-boost/

Events

27 h. ago Ghana’s Fuel Prices Defy Predicted Surge Despite Currency Weakness

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-fuel-prices-defy-predicted-surge-despite-currency-weakness/Fuel prices across Ghana have remained largely stable in September’s first week, defying industry projections of significant increases driven by the cedi’s depreciation against the US dollar. Most Oil Marketing Companies have maintained their pricing despite the cedi’s 3.98% depreciation that was expected to offset gains from international petroleum price declines of 0.45% for petrol […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-fuel-prices-defy-predicted-surge-despite-currency-weakness/

Politics

6 d. ago Crude Rally and Currency Decline Set to Drive Ghana Fuel Costs Higher

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/crude-rally-and-currency-decline-set-to-drive-ghana-fuel-costs-higher/International oil markets staged a recovery on Monday as Brent crude approached $68 per barrel, ending weeks of declining prices and threatening to reverse potential fuel savings for Ghanaian consumers. The rebound coincides with significant cedi weakness that could amplify domestic price pressures. Global crude had offered hope for relief after Brent dropped nearly 7% […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/crude-rally-and-currency-decline-set-to-drive-ghana-fuel-costs-higher/

Politics

6 d. ago Ghana Fuel Prices Show Unexpected Stability as September Begins

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-fuel-prices-show-unexpected-stability-as-september-begins/Ghanaian motorists received welcome relief at fuel stations as September’s first pricing window opened with largely unchanged pump prices, defying expectations of immediate increases following recent currency depreciation. Most major service stations maintained steady pricing despite the cedi’s sharp decline against the dollar, offering consumers a brief reprieve after months of volatile fuel costs. The […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-fuel-prices-show-unexpected-stability-as-september-begins/

Politics

6 d. ago Fuel Prices Expected to Jump This Week Amid Currency Pressures

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/fuel-prices-expected-to-jump-this-week-amid-currency-pressures/Ghanaians face another round of fuel price increases this week as currency fluctuations and international market dynamics force Oil Marketing Companies to adjust pump prices upward. Riverson Oppong, CEO of the Oil Marketing Companies association, warned that petrol prices will rise between 3% and 5% starting Tuesday. The increases reflect ongoing challenges with foreign exchange […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/fuel-prices-expected-to-jump-this-week-amid-currency-pressures/

Events

7 d. ago Cedi Weakness Set to Drive Fuel Price Surge Despite Global Oil Drop

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cedi-weakness-set-to-drive-fuel-price-surge-despite-global-oil-drop/Ghana’s weakening currency threatens to push petroleum prices sharply higher from September, potentially derailing the country’s progress toward single-digit inflation by year-end. The Chamber of Oil Marketing Companies projects petrol prices will climb between 3.86 and 5.40 percent, bringing the average cost per litre to around 13.67 cedis. Diesel faces a 3.39 percent increase to […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cedi-weakness-set-to-drive-fuel-price-surge-despite-global-oil-drop/

Politics

2 w. ago Fuel Prices Hold Steady for Ghana Drivers as Global Markets Shift

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/fuel-prices-hold-steady-for-ghana-drivers-as-global-markets-shift/Ghanaian drivers are seeing a welcome period of stability at the fuel pumps this week. Despite predictions of modest increases, most oil marketing companies have chosen to keep their prices unchanged, offering a respite from recent fluctuations. This move comes as a slight surprise to industry watchers who had anticipated a different outcome. Petrol prices […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/fuel-prices-hold-steady-for-ghana-drivers-as-global-markets-shift/

Economics

3 w. ago Ghana Fuel Prices Shift with Petrol, LPG Rising as Diesel Dips

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-fuel-prices-shift-with-petrol-lpg-rising-as-diesel-dips/Ghanaian drivers will see mixed changes at the pump starting Saturday, August 16th. Petrol and liquefied petroleum gas (LPG) prices are set for modest increases, while diesel costs will edge downward, according to the Chamber of Oil Marketing Companies (COMAC). Petrol prices are projected to rise between 0.39% and 2.71%, with LPG increasing by 0.15% […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-fuel-prices-shift-with-petrol-lpg-rising-as-diesel-dips/

Events