OMCs have raised the cost of petroleum products at each of the nation’s service stations.

by Mawuli
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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

More Oil Marketing Companies (OMCs) have increased prices of petroleum products at their various service stations in the country.

Allied Oil took the lead on October 16, 2024, selling a litre of petrol at GH₵12.73 while diesel is going for GH₵13.73.

This represents a marginal increase compared to the prices quoted on October 1, 2024. 

Shell has also increased prices of its products selling a liter of petrol at GH₵14.72, representing about 7 percent jump from the first pricing window of October 2024.

Diesel has, however, gone up by 4.45 percent, and it is selling at GH₵14.99 pesewas per litre.

Market leader Goil on Thursday October 17, 2024 also announced an increase in prices.

Goil increased the price of petrol by 7.89 percent, selling at GH₵14.49.

Diesel is selling at GH₵14.90, representing more than 4 percent increase compared to earlier prices on October 9, 2024.

Source: newsthemegh.com

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