The prices of gasoline and fuel have once more been increased by the government just days after rejecting a plea from the Petroleum Importers Association of Liberia. As for fuel, the wholesale price per gallon is US$6.72 while the pump price is US$ US$ 6.90 (L$1,050.). Previously, the wholesale price of gas per gallon was US$5.48 while the pump price was set at US$5.66. "The Ministry of Commerce Inspectorate Team will be closely monitoring the approved ceiling prices to avoid an arbitrary hike in the pump prices of gasoline and fuel oil on the local market." Presently, there are more than seven registered importers who ensure that adequate petroleum products are on the Liberian market.


Source:   Daily Observer
June 10, 2022 00:53 UTC