Major Oil Marketing Companies (OMCs) in the country have started reducing prices of petroleum products at the pump stations.
Market leader GOIL has reduced the price of petrol to ¢13.40 per litre, representing more than ¢2 drop from its previous price.
Diesel is also going for ¢16.10 per litre from the previous ₵18.86.
TotalEnergies is also selling petrol for ¢13.40 per litre, while diesel is going for ¢15.85 per litre.
Meanwhile, most of the smaller OMCs have reduced their prices earlier on Wednesday, December 14, 2022.
Some of the OMCs told Joy Business the reduction in the prices of the petroleum products has been influenced by improved dollar supply and the stability of the cedi.
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