{"id":32676,"date":"2014-07-17T16:20:03","date_gmt":"2014-07-17T16:20:03","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=32676"},"modified":"2016-11-10T12:05:40","modified_gmt":"2016-11-10T12:05:40","slug":"infograph-does-petrol-price-reflect-changes-in-crude-and-cedi-value","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2014\/07\/infograph-does-petrol-price-reflect-changes-in-crude-and-cedi-value\/","title":{"rendered":"[Infograph] Does petrol price reflect changes in crude and cedi value?"},"content":{"rendered":"<p>Following the introduction of the automatic adjustment formula for the pricing of petroleum products, the average commuter has had to pay much more on transportation cost at least every two months. A review of the prices is done every two weeks.<\/p>\n<p>In 2014 alone, the regulator National Petroleum Authority has maintained the price of petrol nine times while increasing the price five other times. The adjustment is influenced by two major factors- international price of crude oil and value of the Cedi in relation to the US dollar.<\/p>\n<p>The infograph below looks at the relationship between the three variables.<\/p>\n<p><iframe loading=\"lazy\" style=\"border: none;\" src=\"\/\/e.infogr.am\/comparing-changes-in-price-of-petrol-crude-oil-and-value-of-dollar-in-2014\" height=\"1343\" width=\"700\" frameborder=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<div style=\"width: 100%; border-top: 1px solid #acacac; padding-top: 3px; font-family: Arial; font-size: 10px; text-align: center;\"><a style=\"color: #acacac; text-decoration: none;\" href=\"\/\/infogr.am\/comparing-changes-in-price-of-petrol-crude-oil-and-value-of-dollar-in-2014\" target=\"_blank\">Comparing changes in Price of Petrol, Crude Oil and Value of Dollar in 2014<\/a> | <a style=\"color: #acacac; text-decoration: none;\" href=\"\/\/infogr.am\" target=\"_blank\">Create Infographics<\/a><\/div>\n<p>&nbsp;<\/p>\n<p>By: Kwaku Anim Boadu\/citifmonline.com\/Ghana<br \/>\n<a class=\"twitter-follow-button\" href=\"https:\/\/twitter.com\/boaduanim\" data-show-count=\"false\">Follow @boaduanim<\/a><br \/>\n<script type=\"text\/javascript\">\/\/ <![CDATA[\n!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=\/^http:\/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+':\/\/platform.twitter.com\/widgets.js';fjs.parentNode.insertBefore(js,fjs);}}(document, 'script', 'twitter-wjs');\n\/\/ ]]><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following the introduction of the automatic adjustment formula for the pricing of petroleum products, the average commuter has had to pay much more on transportation cost at least every two months. A review of the prices is done every two weeks. In 2014 alone, the regulator National Petroleum Authority has maintained the price of petrol [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":10249,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[38,21,4,4751],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>[Infograph] Does petrol price reflect changes in crude and cedi value? - Citi 97.3 FM - Relevant Radio. Always<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/citifmonline.com\/2014\/07\/infograph-does-petrol-price-reflect-changes-in-crude-and-cedi-value\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"[Infograph] Does petrol price reflect changes in crude and cedi value? - Citi 97.3 FM - Relevant Radio. Always\" \/>\n<meta property=\"og:description\" content=\"Following the introduction of the automatic adjustment formula for the pricing of petroleum products, the average commuter has had to pay much more on transportation cost at least every two months. A review of the prices is done every two weeks. In 2014 alone, the regulator National Petroleum Authority has maintained the price of petrol [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/citifmonline.com\/2014\/07\/infograph-does-petrol-price-reflect-changes-in-crude-and-cedi-value\/\" \/>\n<meta property=\"og:site_name\" content=\"Citi 97.3 FM - Relevant Radio. Always\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/citi97.3\" \/>\n<meta property=\"article:published_time\" content=\"2014-07-17T16:20:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-11-10T12:05:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/citifmonline.com\/wp-content\/uploads\/2014\/04\/fuel1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"438\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kojo Akoto Boateng\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@citi973\" \/>\n<meta name=\"twitter:site\" content=\"@citi973\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kojo Akoto Boateng\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/citifmonline.com\/2014\/07\/infograph-does-petrol-price-reflect-changes-in-crude-and-cedi-value\/\",\"url\":\"https:\/\/citifmonline.com\/2014\/07\/infograph-does-petrol-price-reflect-changes-in-crude-and-cedi-value\/\",\"name\":\"[Infograph] Does petrol price reflect changes in crude and cedi value? - Citi 97.3 FM - Relevant Radio. 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