The Chamber of Petroleum Consumers (COPEC) has predicted a marginal rise in petroleum prices in the first pricing window of August 2023.
COPEC says pump prices of petrol and diesel are likely to increase by about 9 percent.
The increase it explained will be over the current average price of GHS11.90 per litre across the country.
The price of liquefied petroleum gas (LPG) is also expected to increase by 20 percent.
The increases COPEC revealed are a result of an increase in the price of the products on the international market.
Crude has increased by 10.53 percent from the mean price of $75.85 per barrel to $83.84 per barrel.
According to COPEC, the prices for August will be as follows;
Petrol, GH¢13.27 per litre; Diesel – GH¢13.93 per litre; Mean price for Petrol and Diesel – GH¢13.33 per litre and LPG – GH¢11.79 per kilogram.
By: Rainbowradioonline.com/Ghana