As of yesterday, January 1, 2024, some oil and gas companies (OMCs) have lowered their petroleum product pricing.

Source: newsthemegh.com

With effect from yesterday, January 1, 2024, certain OMCs have lowered the cost of petroleum products at filling stations.

Star Oil has demonstrated leadership by lowering the price of gasoline from GH¢12.69 to GH¢11.24 and diesel from GH¢11.69 to GH¢11.24.

It is anticipated that other well-known Oil Marketing Companies (OMCs) will make a comparable fuel price change in the coming hours.

Previous signals from a number of OMCs indicated that the cedi’s stability over the previous two weeks and the steady drop in refined petroleum product prices on the global market had an impact on the decision to lower rates.