Ghanaians should be spared any imminent fuel price increase at least for the next few months. According to the Chief Executive of the National Petroleum Authority the country remains fairly insulated from any immediate risks emerging from the volatility in the price of crude oil. Mr Alex Mould has been responding to concerns about the impact of the political strife sweeping across the oil-rich Middle-East and North Africa on Multi TV’s current affairs program PM EXPRESS. He says because of the policy to hedge the country’s crude purchases, consumers would not have to pay any more than they are paying now, at least until August. “We hedged from October 2010, and the last hedge will end in July this year,” he said, adding that the risk management committee of the NPA is meeting to decide what next to do. Source: Joy News/Ghana