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Fuel prices down by up to 15%

There are mixed reactions to the latest fuel price reduction which took effect this morning.
Fuel prices at the pump have gone down between 10-15 percent.
This follows the latest review of prices by Oil Marketing Companies in line with government’s deregulation policy.
Petrol is now being sold between GH¢15.00 to GH¢16.00 down from the GH¢18.00 it was sold at prior to the reduction.
As a result of the new price deregulation policy, fuel prices will no longer be announced by the National Petroleum Authority.
The Authority will, however, monitor the pricing by the individual Oil Marketing Companies to ensure that consumers are not cheated.

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