GOIL reduces price of petrol and diesel; sells at GHS 16.82 and GHS 20.50
State-owned Oil Marketing Company (OMC), GOIL, has revised downwards the price of petrol and diesel sold at its pumps across the country.
According to the company, a litre of petrol and diesel effective Tuesday morning, November 15, goes for GHS 16.82 and GHS 20.50 respectively.
This is against the GHS 23.49 and GHS 17.99 price for a litre of diesel and petrol in the first pricing window of November.
The reduction in fuel price at the pumps by GOIL and the other OMCS across the country, comes on the back of the 10.11% reduction in the price of diesel on the international market as well as stability in the international market price of petrol.
According to the IES, at the close of the first pricing window of November, key finished products on the domestic fuel market saw significant changes at the pumps of all Oil Marketing Company (OMC) monitored by the Institute for Energy Security (IES), in response to Cedi depreciation and increase in international prices.
The price increases over the past two weeks moved the national average price per litre of Gasoline from Gh¢16.94 to Ghc17.62, suggesting an increase of 4.01% over the period.
Gasoil’s national average price per litre witnessed a significant jumped of roughly 23% to move from Gh¢18.76 to Gh¢23.07.
