Close Menu
The1957News
  • Home
  • News
  • Business
  • Lifestyle
  • Entertainment
  • Sports
  • International

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Rashida Saani earns global recognition with nomination for prestigious Global Leadership Award

July 2, 2025

Ensure internet access to all, regardless geographic location – Deputy Parliament Clerk urges African governments

July 2, 2025

NPP to hold press conference concerning Ablekuma North rerun

July 2, 2025
Facebook X (Twitter) Instagram
The1957NewsThe1957News
Facebook X (Twitter) Instagram Pinterest
Subscribe
  • Home
  • News
  • Business
  • Lifestyle
  • Entertainment
  • Sports
  • International
The1957News
Business

Fuel prices to reduce drastically from Dec 16, 2022 – IES

By the1957newsDecember 15, 2022
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

The Institute for Energy Security (IES) has announced a fall in the prices of petroleum products from this Friday, December 16, 2022,

According to the IES, this is due to the 6.60% appreciation of the cedi against the US dollar.

It predicts the new prices to fall to about ¢13 and ¢16 per litre for petrol and diesel, whilst Liquefied Petroleum Gas will drop to ¢12 per kilogram.

“With the continued price falls recorded on the international market, consumers are set to see further price relief at the pumps. The Institute for Energy Security (IES) predicts that on the back of a 9.02%, 8.08% and 7.38% fall in prices of Gasoline [petrol], Gasoil [diesel] and LPG respectively, the domestic OMCs outlets are set to reduce their prices further”, it explained.

Meanwhile, some Oil Marketing Companies (OMCs) have commenced reducing the prices of petroleum products at the pumps.

Star Oil now sells Petrol at GHC12.99 per litre and Diesel at GHC15.79 per litre.

ZEN Petroleum sells Petrol at 13.47 per litre, and Diesel at GHC16.51 per litre respectively.

By Lawrence Odoom

Fuel Prices IES
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
the1957news
  • Website

Related Posts

Rashida Saani earns global recognition with nomination for prestigious Global Leadership Award

July 2, 2025

Ensure internet access to all, regardless geographic location – Deputy Parliament Clerk urges African governments

July 2, 2025

NPP to hold press conference concerning Ablekuma North rerun

July 2, 2025
Don't Miss
News

Rashida Saani earns global recognition with nomination for prestigious Global Leadership Award

Chief Executive Officer of The Ghana Report and I-ZAR Group, Rashida Saani, has been nominated…

Ensure internet access to all, regardless geographic location – Deputy Parliament Clerk urges African governments

July 2, 2025

NPP to hold press conference concerning Ablekuma North rerun

July 2, 2025

Banning anklets and nose rings at UPSA is an overreach – Edem Agbana criticizes dress code enforcement

July 2, 2025
Top Posts

Rashida Saani earns global recognition with nomination for prestigious Global Leadership Award

July 2, 2025

Global Securities Finance Industry Generates US$829 Million

December 6, 2022

Max International holds leadership training in Accra with CEO Joseph Voyticky

May 12, 2022

Asamoah Gyan Praises Twellium Industrial company Products being beyond International Standards.

May 13, 2022
Stay In Touch
  • Facebook
  • Twitter
  • Instagram
  • YouTube
  • TikTok

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

The1957News Is Ghana’s Trusted Information Source, Delivering Timely Reports On Leading Political Figures, Entertainment, Sports, And Business.

Email Us: info@the1957news.com
Contact: +233 24 586 5939

Facebook X (Twitter) Instagram YouTube TikTok Snapchat Threads
Our Picks

Rashida Saani earns global recognition with nomination for prestigious Global Leadership Award

July 2, 2025

Ensure internet access to all, regardless geographic location – Deputy Parliament Clerk urges African governments

July 2, 2025

NPP to hold press conference concerning Ablekuma North rerun

July 2, 2025
Most Popular

Rashida Saani earns global recognition with nomination for prestigious Global Leadership Award

July 2, 2025

Global Securities Finance Industry Generates US$829 Million

December 6, 2022

Max International holds leadership training in Accra with CEO Joseph Voyticky

May 12, 2022
The1957News
  • Home
  • News
  • Business
  • Lifestyle
  • Entertainment
  • Sports
  • International
© 2025 The1957News. Designed by King Bygone's Media.

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.