Business News of Wednesday, 29 September 2021Source: www.ghanaweb.com• Fuel prices are expected to increase marginally from October 1 2021• The increase is attributed to increasing prices of finished petroleum products on the international market• Some OMCs have already started to adjust prices of petroleum productsThe Institute of Energy Security (IES) has predicted a marginal increase in the price of petroleum products starting October 1, 2021. The Institute said the price of diesel is expected to surge while petrol is likely to remain at its current price at various pumps in the country. Despite the projection, some other petroleum products like the Liquefied Petroleum Gas are expected to increase across stations. Already, some Oil Marketing Companies (OMCs) have commenced adjusting their prices of petroleum products across various pumps in the country. Market analyst say the increase is attributed to increasing prices of finished petroleum products on the international trading market.
