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Source: newsthemegh.com/Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
The National Petroleum Authority (NPA) has announced new price floor for oil marketing companies and other players selling petroleum products from May 15 to May 31, 2024.
The period covers the first pricing window for the month.
Based on the price update reported by JoyBusiness, the floor price for diesel has gone up to GH¢13.15, from the old price of GH¢13.07.
Petrol on the other hand has been reduced marginally. According to the new price floor, no oil marketing company should sell a litre of petrol below GH¢13.60.
This represents a reduction from the old price of GH¢13.63.