There Is No Excuse To Continue Taking High Transport Fares - COPEC
The Executive Secretary of the Chamber Of Petroleum Consumers (COPEC), Mr Duncan Amoah, has appealed to commercial transport operators to reduce transport fares following the recent reduction in fuel prices. He said Ghanaians will be disappointed if the commercial transport operators refuse to reduce transport fares.
Today's fuel costs at the pump are somewhat lower.
Beginning on Wednesday, November 16, the cost of gasoline and diesel at the pump is anticipated to decrease by between 10 and 12 percent, according to projections made by the Chamber of Petroleum Consumers (COPEC). The Chamber predicted that gasoline prices will likely drop from the current average cost of gh17.32 per liter to gh16.07 per liter in its estimates for the November 2022 Second Pricing Window.
"Sad News As Commercial Drivers In Kumasi Cue To Buy Fuel And Causes Stir On The Internet - Photo
The economy of Ghana keeps sinking and the people are calling on the government to do something about it. Especially taxes and commodities which keep increasing everyday. Fuel price is another challenge the country is facing, according to the report from the Chamber of Petroleum Consumers (COPEC) the price of fuel keeps going higher because of the war between Russia and Ukraine.
Franklin Cudjoe Drops Unexpected Fuel Price By End Of This Week And Causes Stir On The Internet
The president of IMANI Ghana Franklin Cudjoe has revealed the price of fuel will keep increasing globally and Ghana will be affected. Though Ghanaians are already crying about the current price of the fuel per litre and another increment is coming per COPEC analysis. According to Franklin Cudjoe, the fuel price has increased globally because of the recent battle between the Russia and Ukraine.
COPEC: Removal Of Taxes On Fuel Won’t Spike Apparent Positive Results
Fuel prices have surged in the country and currently increasingly moving up due to a number of factors as the whole economy stagger in challenges. A litre of diesel has now hit GHc 10 and petrol GHC 9. Some experts have proposed that different taxes on fuel is a major factor that must be scrapped to bring the desired effect.
Prices Of Fuel To Reduce From 14th November 2022- COPEC
Recent price surge of Fuel has taken a toil on Ghanaians. Many have parked their cars and resort to public transport system. Fares at various lorry stations are also nerve-racking. Many passengers are seen queued at various lorry parks. Today, the Chamber of Petroleum Consumers (COPEC) announced a likely reduction of fuel prices by Monday, 14th November 2022.
Patrol & Diesel anticipated to decrease, while LPG expected to increase - COPEC
In the following pricing window, which starts on Wednesday, November 16, fuel users could experience a slight reprieve at the pumps. It is anticipated that Patrol and Diesel prices will decrease. However, it is anticipated that Liquefied Petroleum Gas (LPG) will increase in price.
10% Increase On Fuel Prices Starting October 16 - COPEC
The cost of petroleum products is expected to increase further starting Sunday, October 16. According to the Chamber of Petroleum Consumers (COPEC), fuel prices in the country will soon see an average rise of 10% in both diesel and petrol. COPEC is estimating an average price increase of about 10.2%.
Petroleum, diesel costs to go up hardly from May 1; LPG to drop by 2%
Petroleum, diesel costs to go up hardly from May 1; LPG to drop by 2% However peripheral, LPG costs are supposed to decline without precedent for months However minor, LPG costs are supposed to decline without precedent for months Petroleum and diesel costs are supposed to go up barely at the siphons in the main estimating window starting May 1 until May 15, this year.
Fuel Price Hikes: Government Cannot Be Better Whiles Households Are Struggling: Benjamin Nsiah
The state of Ghana's economy keeps on worsening by the day and it looks like nothing is being done about it as it is getting out of hand. Fuel prices are increasing and this is happening not only in Ghana but other parts of the world as well.
Fuel prices to increase by 10% from October 16 – COPEC
From October 16, there will be a marked increase in petroleum products in the nation, according to the Chamber of Petroleum Consumers (COPEC). The Chamber for Petroleum Consumers (COPEC) attributes this to a 3.66% increase in crude oil prices and a 4.08% decline in the cedi's value relative to the dollar.
COPEC Asked Goverment To Address Issue Of Persistent Hikes In Fuel Prices
The Chamber of Petroleum Consumers, Ghana (COPEC), threatened to embark on strike if nothing is done to reduce persistent hikes in petroleum prices. They said they are expecting the government to check the hike in Fuel prices to prevent demonstrating in the country. “We want to give the authorities an ultimatum.
Good News As Fuel Prices Set To Decrease
The good news hitting fuel users and Ghanaians as a whole, reveals that, prices of petroleum products are set to decrease soon. Mr. Duncan Amoah, the Chief Executive of Chamber of Petroleum Consumers, who revealed this, stated that, based on data from some Bulk Oil distributors, on pricing of products for the next two weeks, prices of Petroleum products are expected to witness some decline from this weekend (July 16), with diesel expected go down by more than 11%.
Go back to what you were set up for - Duncan Amoah
Duncan Amoah, the Executive Secretary of the Chamber of Petroleum Consumers says the Bulk Oil Storage and Transportation (BOST) should go back to what it was set up for. Speaking on Joynews' PM Express Business Edition, news, Mr Amoah stated that BOST has deviated from it's purpose for which it was established on 1993.
Fuel price surpasses GHS 8.00 per liter.
Fuel prices at some fuel pump stations continue to rise, reaching GHS8 per litre in the first week of March 2022. This is expected to have a knock-on effect on other oil marketing companies, causing them to raise their prices as well. Two weeks ago, fuel prices averaged GHS6.4 per litre after the National Petroleum Authority reinstated the Price Stabilisation and Recovery Levy (PSRL).
Prices of Petro, diesel, LPG to go down on 16 July, tomorrow.
Costs of Petroleum items are supposed to observe some decay from this end of the week (July sixteenth), with diesel expected go somewhere near over 11%. This depends on information from some Bulk Oil merchants on estimating of items for the following fourteen days. Petroleum then again ought to go somewhere near practically 4%, while LPG will fall by practically 10% per Kilogram.
Fuel prices may fall beginning August 1st, according to COPEC.
Costs of oil-based commodities might go down somewhere in the range of 3% to 6% from August 1, 2022. As indicated by the Chamber of Petroleum Consumers (COPEC), the normal decrease will have been greater notwithstanding the devaluation of the cedi. The drop in fuel costs will be the second back-to-back since oil costs began falling on the world market.
Prices for gasoline, diesel, and LPG will be reduced beginning July 16
Prices for petroleum goods are set to fall beginning this weekend (July 16th), with diesel falling by more than 11%. This is based on information from a few distributors of bulk oil regarding product pricing over the upcoming two weeks. LPG prices are expected to drop by approximately 10% per kilogram, while gasoline prices should drop by about 4%.
Fuel prices increase by 3 percent.
The Chamber of Petroleum Consumers (COPEC) has said the country has seen a 3 percent surge in fuel prices. According to the Executive Secretary of COPEC, Duncan Amoah, the increment has been blamed on the price of the commodity on the international market. He said, "Fuel prices have increased again and this time by 3 percent.
'The petroleum levy hasn't created good roads in 15 years; what will the e-levy do?' COPEC
Duncan Amoah The Executive Secretary of the Chamber of Petroleum Consumers (COPEC) has questioned the rationale for the introduction of the e-levy, claiming that the petroleum levy has not created a single motorway in the country after 15 years of implementation. Mr Duncan Amoah claims that after 15 years of collecting taxes like as the fuel levy and road tolls, Ghana has nothing to show for it in terms of good roads.