COPEC

COPEC Projects Drop In Fuel Prices From Jan 1
30 Dec

COPEC Projects Drop In Fuel Prices From Jan 1

wontumionlineBusiness
The Chamber of Petroleum Consumers (COPEC) is projecting a further drop in fuel prices at the pumps from Sunday, January 1, 2023. According to COPEC petrol is expected to be sold at a minimum price of GH¢9.30 per litre while diesel is expected to be sold between GH¢12.80 and GH¢15 per litre at various pumps. The expected drop in prices of petroleum products on the international market and the stabilisation of the cedi is what is pushing for the drop, COPEC said. In a radio interview with Accra based Citi FM, the head of research at COPEC, Benjamin Nsiah said “Petroleum users,…
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Petrol & Diesel Prices Likely To Decline, LPG To Go Up – COPEC
15 Nov

Petrol & Diesel Prices Likely To Decline, LPG To Go Up – COPEC

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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…
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Fuel Prices To Be Reduced Next Week – COPEC
09 Nov

Fuel Prices To Be Reduced Next Week – COPEC

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The Chamber of Petroleum Consumers (COPEC) has announced that fuel prices are likely to be reduced by Monday, November 14, 2022. There has been a recent hike in fuel prices, including diesel and petrol. Diesel is currently selling for more than GH¢23, while the price of petrol is hovering around GH¢18. But speaking to Roselyn Felli on Prime Morning, on Wednesday, the Executive Secretary of the Chamber, Duncan Amoah, indicated that measures are being put in place to help subsidise the rising prices. “We will be expecting diesel to drop from GH¢23 to somewhere around GH¢21.19, and the petrol will also…
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‘Arrest’ Dollar To Bring Fuel Prices Under Control — COPEC To BoG
18 Oct

‘Arrest’ Dollar To Bring Fuel Prices Under Control — COPEC To BoG

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The Chamber of Petroleum Consumers Ghana (COPEC) has asked the Bank of Ghana and the Economic Management Team to take immediate steps to halt the fast decline of the Cedi against the US Dollar to stabilise fuel prices. The Chamber attributed the continuous hikes in fuel prices to the “free fall” of the Cedi and cautioned that fuel prices could hit “uncontrollable” levels in future if the local currency was not stabilised. In an interview with the Ghana News Agency, Mr Duncan Amoah, Executive Secretary of COPEC, said fuel prices could hit GHS20 per litre by the end of the…
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