Fuel prices to drop by 5% – IES projects

The Institute for Energy Security (IES) has projected that fuel prices of fuel prices on the local market is expected to drop by up to 5% in the second pricing window of June, 2019.

A release issued and signed by Research Analyst of IES, Mikdad Mohammed attributed the projected in price to a fall in Brent Crude price by 9.50%, Gasoline by 14.86% and Gasoil by 10.88%.

The release advised fuel consumer to look out for competitive prices in their choice of a fuel retail outlet and called on the GSA and the NPA to intensify their monitoring of the fuel retail market to ensure Ghanaians get quality fuel at their money’s worth.

 source: Ghanamatters.com