NEWSGENERAL NEWSFuel Prices Set To Drop In Second Pricing Window

Fuel Prices Set To Drop In Second Pricing Window

-

Motorists and households can expect some relief at the pump as fuel prices are projected to decline in the second pricing window of March 2025.

According to the Chamber of Oil Marketing Companies (COMC), petrol prices are expected to drop by 4.5%, while diesel and liquefied petroleum gas (LPG) will see reductions of 3.8% and 3.9%, respectively.

The anticipated price cuts come amid fluctuations in global crude oil prices and adjustments in forex exchange rates, factors that heavily influence fuel costs in the country.

Some industry analysts believe the reduction will provide some respite for consumers who have been grappling with rising fuel costs in recent months.

Meanwhile, the new prices are expected to take effect from mid-March 2025, pending final price adjustments by individual oil marketing companies.

Source: www.ghanaweb.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Two Landguards Arrested For Stabbing 2 At Kasoa Ofaakor

The Kasoa Ofaakor District Police Command in the Central Region has arrested two suspected landguards for stabbing two individuals...

Hair Relaxers Linked To Increased Breast Cancer Risk In Ghanaian Women – Details

Hair relaxers, used by many Black women for sleek, straight hair, may pose a significant breast cancer risk. The Ghana...

We’ve Not Frozen Richard Nii Armah Quaye’s Bank Accounts – GRA

The Ghana Revenue Authority (GRA) has dismissed claims that it has frozen the bank accounts of businessman Richard Nii...

Parliament Approves GH¢31.7 Billion Budget Allocation For Ministry Of Education

The Parliament of Ghana has approved a total sum of GH¢31,772,464,382.00 to finance the operations of the Ministry of...

NIB Intercepts Cocaine Worth $350M From Takoradi To Accra

A huge consignment of cocaine, totaling 3.3 tonnes, has been intercepted by the National Intelligence Bureau (NIB) while being...

Trump Lashes Out At SA Again As AfriForum Thanks US President

US President Donald Trump has lashed out again at South Africa, this time about EFF leader Julius Malema’s ‘Kill...

Must read

Two Landguards Arrested For Stabbing 2 At Kasoa Ofaakor

The Kasoa Ofaakor District Police Command in the Central...

Hair Relaxers Linked To Increased Breast Cancer Risk In Ghanaian Women – Details

Hair relaxers, used by many Black women for sleek,...

You might also likeRELATED
Recommended to you