Citi Business News checks at various pump stations in Accra have revealed a 4 to 6% increase in the prices of petrol per litre.<\/p>\n
There has also been a more than 3% increase in the price of diesel per litre.<\/p>\n
[contextly_sidebar id=”HXgifW5qbMDHZhNiasL7VxeS7p3qxOd1″]The increment is part of a two week price review window following the full deregulation of the petroleum downstream sector.<\/p>\n
A visit to a number of filling stations revealed Shell has effected the highest increment, increasing the price of petrol by 18 pesewas this morning.<\/p>\n
A litre of petrol is currently selling at 3 cedis 49 pesewas.<\/p>\n
It was earlier selling at 3 cedis 31 pesewas.<\/p>\n
The price of a litre of Diesel has been increased by 10.2 pesewas, currently selling at 3 cedis.<\/p>\n
It was previously going for 2 cedis 89.8 pesewas.<\/p>\n
Another OMC, Allied Oil has increased the price of petrol by 13.9 pesewas currently a litre of the product is selling at 3 cedis 43.9 pesewas.<\/p>\n
It was earlier being sold at 3 cedis 30 pesewas .<\/p>\n
The price of diesel has also increased by 11 pesewas, with a litre of the product currently selling at 3 cedis.<\/p>\n
It was earlier selling at 2 cedis 88.9 pesewas.<\/p>\n
Some oil marketing companies have however still maintained the prices of their products.<\/p>\n
Citi Business News checks at Goil\u00a0 and Total\u00a0 pump stations revealed they are yet to change the prices of their products.<\/p>\n
The increases in the prices of petrol and diesel have been largely due to the depreciation of the cedi against the dollar.<\/p>\n
The cedi’s consistent slide against the dollar has been blamed for today’s upward review in prices of various petroleum products.<\/p>\n
The cedi has been depreciating against the dollar since July 16, the last time the prices of petroleum products were reviewed downwards.<\/p>\n
A dollar as at last week Friday was selling at 3 cedis, 90 pesewas on the interbank foreign exchange market representing a 65 pesewa depreciation of the cedi since July 17, 2015.<\/p>\n
However the price of crude on the world market for the first time in over six years tumbled to below 42 dollars a barrel before close of last week but has since edge up to 42.50 dollars.<\/p>\n
–<\/p>\n
By:\u00a0 Rabiu Alhassan\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"
Citi Business News checks at various pump stations in Accra have revealed a 4 to 6% increase in the prices of petrol per litre. There has also been a more than 3% increase in the price of diesel per litre. [contextly_sidebar id=”HXgifW5qbMDHZhNiasL7VxeS7p3qxOd1″]The increment is part of a two week price review window following the full […]<\/p>\n","protected":false},"author":14,"featured_media":16512,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[],"tags":[23,21,4],"class_list":["post-144012","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-dr-kwesi-annin","tag-psychiatric","tag-st-augustines-college"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/144012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=144012"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/144012\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/media\/16512"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=144012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=144012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=144012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}