{"id":199504,"date":"2016-03-16T20:18:55","date_gmt":"2016-03-16T20:18:55","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=199504"},"modified":"2016-03-16T20:18:55","modified_gmt":"2016-03-16T20:18:55","slug":"fuel-prices-to-go-up-thursday","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2016\/03\/fuel-prices-to-go-up-thursday\/","title":{"rendered":"Fuel prices to go up today"},"content":{"rendered":"

The Chamber of Petroleum Consumers Ghana, has hurriedly announced an increment in fuel prices which takes effect at the pumps from Thursday, March 17, \u00a0in response to a rise in crude oil prices.<\/p>\n

A statement issued by the Chamber explained that \u201cactivities and movements in world market prices, which have gone up in the\u00a0past two weeks, from below $30\/barrel \u00a0to over $36\/barrel as of Wednesday, has resulted in an upward adjustment of pump prices across the various bdcs\u201d<\/p>\n

[contextly_sidebar id=”8tLUTNuA02JzCFnza1yITDTDx0jZc0kA”]The Chamber further advised the BDCs to \u201cfill their tanks immediately if possible as bdc benchmarks have already gone up by between 2-5% and will soon reflect at the pumps.\u201d<\/p>\n

This increment comes barely four months after petroleum products were increased between 18 -30%, following the passage of the Energy Sector Levy, to enable government clear its debts. This increase was even at a time when crude prices were at the lowest.<\/p>\n

A gallon of petrol sold around Ghc15.40 pesewas while diesel went for Ghc14.50 pesewas.\u00a0The price of LPG also went up by about 18 percent.<\/p>\n

Ghanaians complained bitterly about the increases which affected transport fares and cost of general goods and services, particularly at a time when companies were struggling and many had lost their jobs due to the power crisis.<\/p>\n

The situation was \u00a0further worsened by increases in water and electricity tariffs by nearly 60%.<\/p>\n

Speaking on Eyewitness News<\/strong> on Wednesday, the Executive Secretary of the Chamber of Petroleum Consumers, Duncan Amoah, explained that although a few fuel stations have already increased their fuel prices, changes in fuel prices will fully be effected at various fuel stations from\u00a0Thursday morning.<\/p>\n

\u201cWe are looking at moving from some 14.72 pesewas currently to about 15.26, 15.46 levels depending on the OMCs\u2026By Thursday \u00a0morning, most of the fuel\u00a0stations who buy from BDCs would have effected these changes at the pumps…”<\/p>\n

Below is\u00a0the full list of bdcs and their prices after taxes and margins for the period 16-31st March. 2016<\/strong><\/p>\n

1. Chase petroleum<\/strong>
\nPms Ghc 3.397075
\nAgo. Ghc 3.38932
\nKero. Ghc.2.546557<\/p>\n

2. Juwel energy<\/strong>
\nPms Ghc 3.35888
\nAgo. Ghc 3.358829<\/p>\n

3. Vihama energy<\/strong>
\nPms. Ghc 3.387775
\nAgo. Ghc.3.376325<\/p>\n

4. Sage petroleum<\/strong>
\nLpg. Ghc 3.299458<\/p>\n

5. Blue ocean<\/strong>
\nPms. Ghc 3.387205
\nAgo. Ghc. 3.387793
\nKero. Ghc. 2.444215<\/p>\n

6. Ebony oil<\/strong>
\nPms. Ghc 3.369815
\nAgo. Ghc. 3.37005
\nKero.ghc 2.402335<\/p>\n

7. Globex energy<\/strong>
\nPms. Ghc.3.315495
\nAgo. Ghc 3.3113<\/p>\n

8. SAHARA<\/strong>
\nPms. Ghc. 3.381565
\nAgo. Ghc. 3.367348<\/p>\n

–<\/p>\n

By: Marian Ansah\/citifmonline.com\/Ghana
\nFollow @EfeAnsah<\/a>
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