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Petrol, LPG prices to reduce by almost 8%, diesel to go up from July 2

Petrol currently selling at almost GH¢10.10 per litre

Crude oil currently trading at 117 dollars a barrel

Diesel selling for GH¢12.20

Data from the Bulk Oil Distribution Companies have indicated that petroleum prices are expected to fall with some components expected to rise.

Petrol and LPG are expected to fall by almost 8% while diesel is expected to rise by over 3% from July 2, 2022, as reported by JoyBusiness.

The reductions have been attributed to favourable happenings on the global market according to reports.

However, Oil Marketing Companies (OMCs) will lessen the burden on consumers by reducing the prices of the pumps as well.

The average price of fuel increased by about GH¢1.33 per litre from June 16.

Petrol at various fuel pumps is currently selling at about GH¢10.10 per litre, whereas diesel is going for GH¢12.20.

 

Source: www.ghanaweb.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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