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Gold-for-Oil: Selling oil to selected OMCs will take others out of business – IES to government

Institute of Energy Security (IES) says the move to sell oil under Gold-for-Oil Policy to Oil Marketing Companies (OMCs) with 45 outlets and above...

Fuel prices have decreased as a result of changes in the global market, not G4O – IES

Its forecast on lower fuel prices in the second pricing window, according to the Institute of Energy Security (IES), is due to a slight...

Next week, affordable petroleum will reach Ghana, – Mireku Duker

According to George Mireku Duker, the deputy minister of lands and natural resources, the first shipment of cheap petroleum will reach Ghana the following...

Fuel price reduction: Some OMCs begin to sell petrol, diesel at GH¢16.26, GH¢19.77

Petroleum product consumers may breathe with relief as lower fuel prices are anticipated during the upcoming pricing window starting on December 1, 2022. As of...

Prices of petroleum products to reduce by 10% effective December 1 – IES projects

The Institute of Energy Security (IES) has predicted a fall in the price of petroleum products effective December 1, 2022. IES, in a statement, has...

According to the IES, petroleum product prices would drop by 10% on December 1

Prices for gasoline goods are anticipated to drop between 10% and 8% starting on December 1st, 2022, for consumers of petroleum products. According to the...

Government’s decision to buy fuel from cheaper sources far from possible – IES

The government's choice to buy crude oil from less expensive sources has been questioned by the Institute of Energy Security (IES). On November 1, consumers...

Fuel prices to go up 12 percent by October ending – IES

When October ends, Ghanaians may expect to pay extra for fuel-related goods. Following the collapse of the cedi versus the dollar, the Institute of Energy...

Cedi fall, increasing int’l prices of crude oil to send fuel prices higher – IES

Fuel prices are expected to increase as a result of the Cedi's decline in value relative to the US dollar, according to the Institute...

If the cedi continues to depreciate, fuel may retail for GHC 17 – IES

According to Nana Amoasi III, executive director of the Institute of Energy Security, Ghana may not profit from the drop in petroleum costs due...

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