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Source: newsthemegh.com/Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
Some oil marketing companies have started increasing prices of petroleum products at the pumps.
Shell is selling a litre of petrol and diesel at GH₵14.84. Market leader GOIL is however selling a litre of petrol for GH₵14.60, from its old price of GH₵14.55.
Diesel is going for GH₵14.75, up from the previous price of GH₵14.70. GOIL’s price is lower compared to Shell.
Persons close to GOIL have told JoyBusiness that the adjustment is due to the GH₵0.05 increase in the Unified Petroleum Price Fund (UPPF) margin.