IES forecasts fuel price stability throughout second half of April 2021 - News Summed Up

IES forecasts fuel price stability throughout second half of April 2021


Business News of Tuesday, 13 April 2021Source: www.ghanaweb.comThe Institute of Energy Securities (IES) has projected that prices of fuel at various pumps in the country are expected to remain stable throughout the second half of April 2021. The IES in a statement issued pointed that the current national average price of fuel per litre at the pump is still pegged at Gh¢5.16. “Price of fuel on the local market remained stable within the window under review. Price of petroleum products within the first Pricing window of April 2021 saw the Oil Marketing Companies (OMCs) maintain prices at the pump throughout the period. On the global market, the IES said the pricing window under assessment, the international benchmark, Brent crude price averaged about US$63.65 per barrel mark representing a 2.40% decrease from the previous windows average price of US$65.22 per barrel mark.


Source: GhanaWeb April 13, 2021 11:03 UTC



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