Ghana: Prices of petrol, diesel to drop between 2%, 5% – IES

Fuel prices are expect­ed to fall between 2 per cent and 5 per cent at the pumps in the coming days, the Institute for Energy Security has projected.

This is due to the gains real­ised in the foreign fuel market and the slower depreciation of the local currency.

“The international fuel market has seen a significant drop in the prices of refined petroleum prod­ucts: Gasoline [petrol] (-10.62 per cent), Gasoil [diesel] (-6.09 per cent), and LPG (-2.40 per cent).

The…