Business News of Wednesday, 6 October 2021Source: www.ghanaweb.com• COPEC has warned fuel prices are likely to hit GH¢7 per litre• The Chamber believes government must review price to avert a price build-up• Price of petroleum products increased marginally on October 1, 2021The Chamber of Petroleum Consumers (COPEC) has charged the government to implement stringent measures to avert a possible price increment in petroleum products. But the Executive Secretary of COPEC, Duncan Amoah, believes that should the current trend continue, fuel prices at major pumps may reach GH¢7 per litre if measures are not in place to cushion a price build-up. “Fuel is now threatening to get to almost GH¢7 a litre. In addition to averting a price build-up of fuel, COPEC called on the government to implement a review in petroleum products. At the present, oil price on the international market is selling at around 80 dollars a barrel following an earlier 50 dollars per barrel at the beginning of this year.
