Petroleum and diesel costs are set to sell at GHC9.50 and GHC11.60 separately before long, the Foundation of Energy Security (IES) has anticipated.
This comes on the rear of the 5.28% and 5.09% fall in the costs of Fuel and LPG separately and the 26.51% enthusiasm for the cedi against the US dollar in the second valuing window of December 2022.
The Foundation for Energy Security (IES) has, thusly, anticipated that the homegrown Oil Promoting Organizations (OMCs) are set to decrease their costs fundamentally in the principal seven day stretch of 2023, with some selling at single digits.
In a proclamation on Thursday (29 December), the IES said: “In spite of the minimal ascent in the cost of Gasoil on the worldwide market, the Ghana Cedi’s appreciation against the dollar will compel costs down locally.”
“Costs are set to arrive at GHC9.50 and GHC11.60 per liter for Gas and Gasoil separately, and GHC9 per kilogram for LPG before very long,” the assertion added.
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