Vision1 FM                       Light FM                         Light TV

Fuel price increment due to increase in world market price – COPEC

The Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has confirmed the increase in the price of petroleum products on the market.

 

 

Reports from the various fuel stations suggest that there has been an increase in the price of petroleum products on the market.

 

Speaking to Ekourba Gyasi on Atinka AM Drive, Duncan Amoah explained that some fuel stations started changing their prices as early as last week Thursday.

 

According to him, the increment in fuel prices is as a result of the increase in the price of petroleum products on the world market as well as the strength of the cedi against other currencies.

 

He added that taxes placed on petroleum products have also contributed to the increase in the petroleum prices.

 

He, however, hinted that some stations have reduced their margins in other to stay competitive.

 

He urged motorists, vehicle owners, and consumers of petroleum products to be cooperative and not accuse fuel attendants of cheating them.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: atinkaonline.com

More Lifestyle..

ISF Bank to become GN Bank, USA in July ISF Bank to become GN Bank, USA in July 2018-05-21 - Dr. Papa Kwesi Nduom, Chairman of the Board of Directors of South...
Mobile Money Interoperability is a great milestone for Ghana – Governor Mobile Money Interoperability is a great milestone for Ghana – Governor 2018-05-18 - The launch of Ghana’s first Mobile Money Interoperability Payment...
Ghana's interoperability system will allow for greater financial inclusion – Vice President Bawumia Ghana's interoperability system will allow for greater financial inclusion – Vice President Bawumia 2018-05-17 - Ghana now has the most advanced electronic payments system on...
David Moyes leaves West Ham David Moyes leaves West Ham 2018-05-16 - Manager David Moyes has left West Ham after just over six months...
BoG broke – Asiama BoG broke – Asiama 2018-05-16 - A former second Deputy Governor of the Bank of Ghana, Dr. Johnson...