Chamber of Petroleum Consumers

The Chamber of Petroleum Consumers(COPEC) has projected petrol prices to increase by 2%, while diesel price drops by 5.58% during the next pricing window which takes effect from 16, April, 2023. Petrol is therefore expected to be sold at between GHS11.79/L and GHS13.03/L. Diesel is expected to be sold at between GHS11.40/L and GHS12.60/L*_ Below is the full statement by COPEC PROJECTIONS FOR THE NEXT PRICING WINDOW BEGINNING 16 APRIL 2023 The second pricing window of the month of April is due in the next 48 hours from which prices of fuel at the various pumps will either decline, stabilise…

The Executive Director for the Chamber of Petroleum Consumers, Ghana (COPEC), Duncan Amoah is predicting a decline in the price of petroleum products if the oil secured by government is distributed this week. The pricing window last Saturday, January 21, 2023, saw soar in the prices for the second pricing window after several weeks of decline. Many stakeholders have attributed the decline to the instability of the local currency against the dollar. In order to ensure constant decline of the prices of petroleum products in the country, the government began the “Gold for oil policy”. On January 15, 2023, the…

A brief and marginal relief may soon be on the way as the Chamber of Petroleum Consumers (COPEC) in its latest checks ahead of the second oil pricing window in November is stating that petrol and diesel are projected to see a price decline while the price of Liquefied Petroleum Gas (LPG) is expected to be adjusted upwards. Ahead of the second pricing window which is expected on Wednesday, November 16, COPEC in a statement signed by its General Secretary, Duncan Amoah said: “international benchmark for LPG has seen an increase of about $32 from $598.27 to $630.56,” which he…