Fuel prices to remain unchanged – IES

The Institute for Energy Security (IES) has stated that there is a high tendency fuel prices may not change despite fears of an increment in the coming days.

According to IES, figures show the cedi has experienced a marginal appreciation against the trading currency.

The dollar is going for GH¢4.80 currently as against GH¢4.83 in the last pricing window.

Giving a breakdown of the local market performance, IES stated that although prices of fuel at the pumps experienced a 2% hike in the window under review, some subsidiaries sell at the lowest.

The IES Market-scan showed that Benab Oil sells the lowest-priced fuel on the market relative to other OMCs; followed by Frimps Oil and Zen Petroleumadding that other relatively low cost fuels can be sourced from Pacific Oil, Lucky Oil and Alinco Oil.

With the cedi making some gains against the dollar, the Institute projects that prices at the pump will remain relatively.

Below is a full report of the Review of the August Second Pricing-Window.

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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