Some Oil Marketing Companies have started marginally increasing fuel prices following the commencement of the first pricing window in December.
Shell has already taken the lead by increasing the prices of both petrol and diesel.
A litre of petrol, which previously sold for GH₵14.82 during the second pricing window in November, is now being retailed at GH₵14.99, reflecting a marginal increment.
Similarly, diesel, previously priced at GH₵15.66 per litre, is now being sold at GH₵15.72.
This development comes at a time when only petrol prices declined, while diesel prices remained unchanged during the second pricing window of November, despite expectations of a general price reduction for both products.
The Chamber of Petroleum Consumers (COPEC) had earlier projected a decline in fuel prices at the start of the second pricing window on November 16.
This projection was based on trends in the international market and the relatively favorable performance of the cedi during the period.
According to data from the energy think tank, petrol prices on the international market dropped from $723.03 per metric tonne to $676.64 per metric tonne.
Fuel prices up again: Diesel selling at GH₵15.72, petrol now GH₵14.99 per litre #CitiNewsroom #GhanaPolls2024 #ElectionBureau #CitiVerify
https://t.co/XPH4oJsfA0— CITI FM 97.3 (@Citi973) December 4, 2024
