By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The Herald ghanaThe Herald ghana
  • Home
  • General
  • Entertainment
  • Politics
  • Editorial
  • Business
  • Sports
  • Feature
  • Health
  • World
Reading: Petrol, diesel prices to hit GHC10.949 pesewas – COPEC predicts
Share
Aa
The Herald ghanaThe Herald ghana
Aa
  • Home
  • General
  • Entertainment
  • Politics
  • Editorial
  • Business
  • Sports
  • Feature
  • Health
  • World
Search
  • Home
  • General
  • Entertainment
  • Politics
  • Editorial
  • Business
  • Sports
  • Feature
  • Health
  • World
Follow US
  • Advertise
Copyright © 2022 The Herald Ghana. All Rights Reserved
Business

Petrol, diesel prices to hit GHC10.949 pesewas – COPEC predicts

J N
Published May 31, 2022
Share
2 Min Read
SHARE

The Chamber of Petroleum Consumers (COPEC) is forecasting an upward adjustment in the price of petrol and Liquefied Petroleum Gas (LPG) in the first pricing window of June 2022.

According to COPEC, The ex-pump estimations based on the Petroleum Price Indicators and elimination of taxes amounting to 15 pesewas per liter on the price build-up by the government establish an average price of Petrol and Diesel to GHS10.949.

Thus, the average price will go up by 28 pesewas per liter over the previous window, with Petrol going up by 85 Pesewas but Diesel will be going down by 29 Pesewas.

LPG is also likely to sell around GHS10.298 per kilogram showing a reduction of about 17 Pesewas per kilogram over the previous window.

The expected increase in petrol price is primarily due to the depreciation of the Ghana Cedi against the Dollar and increase in prices of processed Petrol as against slightly reduced processed prices for Diesel and LPG on the international market despite an increase in Crude Oil price, COPEC says.

More Read

NPA disputes AOMC, IES & COPEC claims on Sentuo Oil Refinery Fuel but…

Prices of petroleum products to go up 5.5% – COPEC
Tema Motorway repairs: how can we avoid the inconvenience?
Fuel prices to go up again – COPEC

Although the chamber expects Ex-pump prices to be within the projected figures, the European union’s compromise deal to ban Russian oil imports leaves room for uncertainty as the move is more than likely to impact crude oil prices in the coming days.

Russia currently supplies 27 percent of the EU’s imported oil and 40 percent of its gas. The EU pays Russia around $430bn a year in return.

You Might Also Like

NPA disputes AOMC, IES & COPEC claims on Sentuo Oil Refinery Fuel but…

Prices of petroleum products to go up 5.5% – COPEC

Tema Motorway repairs: how can we avoid the inconvenience?

Fuel prices to go up again – COPEC

J N May 31, 2022
Share this Article
Facebook Twitter Whatsapp Whatsapp Copy Link
What do you think?
Love0
Sad0
Cry0
Happy0
Surprise0
Angry0
Wink0
Previous Article Stay out of Ghana’s internal security matters – Dampare tells British High C’ssioner
Next Article ‘There’s no upsurge in crime’ – Police replies GBA
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
- Advertisement -
Ad imageAd image

Latest News

National Cathedral
National Cathedral not abandoned — Board rejects claims of conversion into cultural centre
General Major 1 July 9, 2025
Agradaa/Patricia Asiedu/Fraud/False Pretence/Nsawam Prison/Crime Check Foundation
Agradaa confirmed in Nsawam prison — Lawyer dismisses missing claims
General Major 2 July 9, 2025
UN Human Rights Council/SOGI Vote/LGBTQI
Foreign Ministry rejects media reports linking Ghana’s UN vote to LGBTQI endorsement
General Major 1 July 9, 2025
Gertrude Torkornoo/ECOWAS Court/Ghana/Right to Fair Hearing
“Ghana violated my right to fair hearing,” Torkornoo cries to ECOWAS Court
General Major 1 July 9, 2025
CurrencyRate

You Might also Like

BusinessMajor 1

NPA disputes AOMC, IES & COPEC claims on Sentuo Oil Refinery Fuel but…

February 23, 2024
Business

Prices of petroleum products to go up 5.5% – COPEC

August 16, 2022
Editorial

Tema Motorway repairs: how can we avoid the inconvenience?

June 17, 2022
BusinessMajor 3

Fuel prices to go up again – COPEC

February 14, 2022

Copyright © 2022-2025 The Herald Ghana. All Rights Reserved

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?