Business News of Monday, 2 September 2024

Source: www.ghanaweb.com

Fuel prices begin to drop at the pumps

Fuel pump Fuel pump

Fuel prices have begun to reduce as the first pricing window for September this year has commenced.

Some Oil Marketing Companies (OMCs) have started to adjust prices of petroleum products downwards from Monday September 2, 2024 across various pumps.

For instance, state-owned GOIL is currently selling petrol at GH¢14.16 per litre, indicating a 6 pesewas drop from the previous GH¢15.02 price last month.

For the price of diesel, the market leader is selling a litre at GH¢14.70 from its previous price of GH¢14. 90. This represents a 20 pesewas drop in prices, and 1.34 percentage points reduction per litre of diesel.

Star Oil has also reduced the price of petrol per litre by 0.73 percentage points, which is now going for GH¢13.65. Additionally, the OMC is selling diesel for GH¢13.85 per litre from its old price of GH¢14.02.

At some selected pumps across the country, Star Oil is running promotions, selling a litre of petrol at GH¢13.31 while diesel is going for GH¢13.57.

Check out fuel prices today as compiled by cedirates.com

Click to see fuel prices

SSD/MA