Some Oil Marketing Companies (OMCs) have started reducing prices of petroleum products at the pumps from today November 17, 2023.
TotalEnergies Ghana is selling a litre of petrol for ¢12.80 from its previous price of ¢12.99.
Diesel is also selling at ¢13.30 per litre. It was selling at ¢13.70 per litre on November 2, 2023.
PETROSOL is, however, selling a litre of petrol at ¢11. 99 pesewas from the old price of ¢12.45.
Diesel on the other hand is going for ¢13.15 a litre from the preceding ¢13.40 a litre.
Some of the companies have linked the reduction in the prices to the decline in crude oil prices on the global market.
Meanwhile, more oil firms are expected to review their prices later in the day.
Joy Business is learning that if the cedi had been firmly stable against the US dollar, the reduction in prices would have been bigger than what is being recorded at the pumps currently.
The adjustments were made on Thursday November 16, 2023.
Latest Stories
-
EBID wins the Africa Sustainability Award
2 hours -
Expansion Drive: Takoradi Technical University increases faculties
6 hours -
SHS heads demand payment of outstanding funds before reopening of schools
7 hours -
We thank God for the 2024 general elections – Akufo-Addo
7 hours -
Coconut Grove Beach Resort marks 30 years of excellence with memorable 9 lessons & carols service
7 hours -
WAFU B U-17 Girls’ Cup: Black Maidens beat Nigeria on penalties to win inaugral tournament
8 hours -
Real Madrid beat Sevilla to keep pressure on leaders Atletico
9 hours -
Liverpool put six past Spurs to go four points clear
9 hours -
Manchester United lose 3-0 at home to Bournemouth yet again
9 hours -
CHAN 2024Q: ‘It’s still an open game’ – Didi on Ghana’s draw with Nigeria
9 hours -
CHAN 2024Q: Ghana’s Black Galaxies held by Nigeria in first-leg tie
10 hours -
Dr Nduom hopeful defunct GN bank will be restored under Mahama administration
11 hours -
Bridget Bonnie celebrates NDC Victory, champions hope for women and youth
11 hours -
Shamima Muslim urges youth to lead Ghana’s renewal at 18Plus4NDC anniversary
12 hours -
Akufo-Addo condemns post-election violence, blames NDC
12 hours