The Chamber of Petroleum Consumers (COPEC) has predicted a rise in petroleum prices in Ghana starting August 1, 2023.
According to the Chamber, the prices of petrol and diesel are likely to increase averagely by about 9.0% over the current mean price of ¢11.90 per liter, whilst the price of Liquefied Petroleum Gas (LPG) goes up by about 20.0%.
Petrol will therefore sell at ¢13.27 per litre, whilst diesel will go for ¢13.93 per litre.
A 4.5 kilogram LPG cylinder, is expected to sell at ¢170.91 within the window.
All pump prices are expected to be within ±5% error margin of COPEC’s prediction.