Saturday, 21 Jun 2025
Subscribe
Cediweb.com
  • General News
  • Entertainment
  • Sports
  • Showbiz
  • Gh Showbiz
  • Politics
  • Opinions
  • Africa News
  • Local News
  • International
Font ResizerAa
Cediweb.comCediweb.com
Search
  • Home
  • Business
  • General News
  • Opinions
  • Sports
  • World News
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Cediweb.com > Blog > General News > IES predicts drop in fuel prices from April 1
General News

IES predicts drop in fuel prices from April 1

Last updated: March 29, 2023 5:10 pm
King Thoth
Share
SHARE
Advertisements

The Institute for Energy Security (IES) is forecasting a 2% to 5% decrease in fuel prices in the first pricing window in April.

According to IES, Liquefied Petroleum Gas will be the biggest gainer, with a 9% decrease in price.

IES Research Analyst, Adam Yakubu, speaking to Citi News said, this development is due to the drop in the price of crude oil on the international market, as well as the stability of the cedi against major trading currencies such as the US dollar.

Advertisements

“LPG has seen the biggest fall in price in closing the window. What will this mean for the domestic consumers of petroleum products? [It means that] within the market, we are looking at a slight drop between 2 and 5 percent across. LPG can do about a nine percent reduction. So, for the next two weeks, we project that the prices of these products will reduce”, he said.

Source: citinewsroom.com

Share this:

  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on Pinterest (Opens in new window) Pinterest
  • More
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Mastodon (Opens in new window) Mastodon

Like this:

Like Loading...

Related

TAGGED:fuel price
Share This Article
Email Copy Link Print
Previous Article NDC flagbearer race: Mahama picks number one slot on ballot
Next Article Speaker of Parliament refers UG’s new residential policy to Education Committee
Leave a Comment

Leave a ReplyCancel reply

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
XFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

You Might Also Like

General News

MP-Elect Ohene Kwame Frimpong Donates GHC 10,000 to Support Kantamanto Fire Victims

By Cediweb
General News

‘I’m like Christiane Amanpour, Richard Quest’ – Adom-Otchere explains

By King Thoth
General News

Lighter TOD joins Joey B on ‘Akorfa – A surprise collaboration

By Cediweb
General News

Economic crisis would’ve been worse under an NDC govt – Justin Koduah

By King Thoth
Cediweb.com
Facebook Twitter Youtube Rss Medium

About US


Cediweb: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Top Categories
Usefull Links
u00a9 Foxiz News Network. Ruby Design Company. All Rights Reserved.nn

This website uses cookies to improve your experience. We\'ll assume you\'re ok with this, but you can opt-out if you wish. Read More

Decline Cookie Settings
Accept
Cookies are small text files that can be used by websites to make a user\'s experience more efficient. The law states that we can store cookies on your device if they are strictly necessary for the operation of this site. For all other types of cookies we need your permission. This site uses different types of cookies. Some cookies are placed by third party services that appear on our pages.
  • Necessary
    Always Active
    Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The website cannot function properly without these cookies.

  • Marketing
    Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.

  • Analytics
    Analytics cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.

  • Preferences
    Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in.

  • Unclassified
    Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.

Cookie Settings
%d