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Some major Oil Marketing Companies (OMCs) have reduced their prices by 4 pesewas within the first pricing window of June.<\/p>\n
The prices of petroleum products went up by some three percent from the beginning of this month.<\/p>\n
A litre each of diesel and petrol was selling for 4 cedis 89 pesewas.<\/p>\n
But currently, at Goil, Shell and Total, a litre each of petrol and diesel could be sold to you at 4 cedis 85 pesewas.<\/p>\n
This translates into a drop in a gallon of petrol and diesel from 18 cedis 50 pesewas to 18 cedis 36 pesewas.<\/p>\n
The Institute of Energy Security (IES) attributed the increase to the rise in the global prices as well as the marginal depreciation of the cedi.<\/p>\n
For now, it is unclear why the OMCs have decided to reduce their prices.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Some major Oil Marketing Companies (OMCs) have reduced their prices by 4 pesewas within the first pricing window of June. The prices of petroleum products went up by some three percent from the beginning of this month. A litre each of diesel and petrol was selling for 4 cedis 89 pesewas. But currently, at Goil, […]<\/p>\n","protected":false},"author":2,"featured_media":8529,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"iawp_total_views":1,"footnotes":""},"categories":[41],"tags":[],"class_list":["post-8528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"\n