Some oil marketing companies (OMCs) have begun upwardly adjusting their prices at the pumps following the commencement of July’s second pricing window.
One of the leading oil marketing companies, Shell for instance, which previously sold a litre of petrol at GH?14.80 is now selling at GH?15.10 while a litre of diesel previously selling at GH¢14.92 is now selling at GH?15.25
More OMCs are expected to adjust their prices upward at the pumps soon.
The Chamber of Petroleum Consumers (COPEC), ahead of the second pricing window for July, predicted a 4 percent rise in petroleum product prices effective Tuesday, July 16, 2024.
-Citi