The Chamber of Petroleum Consumers (COPEC) has indicated that fuel prices are expected to remain unchanged during April’s initial pricing period.
COPEC’s projections for the first pricing window of April suggest that the cost of a liter of petrol will hover around GH¢13.41. This implies that fuel rates across the country will likely hold steady throughout the first pricing window of April 2024.
“Baring any universal changes in petroleum prices of $874.09/MT for petrol and $835.64/MT for diesel and LPG $627.30/MT, with a corresponding dollar-cedi rate of 1:13.0555, a litre of diesel will also be sold at GH¢13.91, with LPG selling at GH¢14.20 per kilogram,” they stated.
COPEC has, however, forecasted a potential increase in petrol prices during the second pricing window, while diesel and Liquefied Petroleum Gas (LPG) are expected to remain unaffected.