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Fuel hikes: OMCs begin increasing prices at pumps

Investmenttimes
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Several oil marketing companies have started raising the prices of petroleum products at the pumps. Shell is now selling a litre of petrol and diesel at GH₵14.84.  Market leader GOIL, however, is offering a litre of petrol for GH₵14.60, up from its previous price of GH₵14.55. Diesel at GOIL is priced at GH₵14.75, an increase from the former price of GH₵14.70.  Notably, GOIL’s prices remain lower compared to Shell’s. Sources at GOIL have attributed the adjustment to a GH₵0.05 increase in the Unified Petroleum Price Fund (UPPF) margin.  The National Petroleum Authority (NPA) has directed industry players to raise this...
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