Fuel prices to drop further by 1.8% - IES projects

  |   Ghana News

The Institute for Energy Security (IES) expects fuel prices at the pump to trade up to 1.8% below Thursday's national average pump prices.

In a press release Thursday, IES further explained that the cedi making significant gains against the U.S dollar and the stock of fuel in the country rising substantially are also part of the reasons for the price review.

Projections for April 2017 first pricing-window The price of Brent crude has fallen by 3.73%, Gasoline and Gasoil prices on the world market has also fallen by up to 5.90%, the Cedi made significant gains against the U.S Dollar, and the stock of fuel in the country has risen substantially.

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