More OMCs have increased prices of petroleum products

Source: newsthemegh.com/Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

More Oil Marketing Companies (OMC) have increased prices of petroleum products at the pumps.

GOIL and Shell are the latest to increase the prices of diesel and petrol rom today July 2, 2024. 

Both OMCs are selling a litre of Petrol at GH¢14.80 and diesel is also going for GH¢14.92.

Star Oil took the lead yesterday selling a litre of diesel at GH¢4.79 and petrol GH¢13.88.

Most of the OMCs have linked the recent round of increases to the depreciating cedi and rising prices of finished petroleum products on the world market.