Fuel prices likely to drop in March, analysts predict
Energy analysts Chamber of Petroleum Consumers (COPEC) has predicted that fuel prices are likely to see a decline in the first pricing window of March 2023. According to COPEC, prices of both petrol and diesel have all declined marginally within the period while crude price has also minimally dropped from $82.99/barrel to $82.48/barrel (-0.61%). The chamber said with the international price decreasing from $878.41/MT to $849.25/MT (-3.32%), the retail price works up to GHS13.66/L. “Petrol Retail prices are therefore expected to drop by 3.73% from the current Mean value of GHS14.20/L. With the International price decreasing from $854.00/MT to $809.38/MT...