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The Chamber of Petroleum Consumers (COPEC) has cautioned that fuel prices will continue to surge in the coming weeks if the depreciation of the Cedi against the Dollar is not addressed.
Cedi Depreciation To Drive Fuel Prices Up – IES
The continuous decline of the Cedi’s value against the US Dollars will lead to a marginal rise in prices of petrol and diesel at the pumps this week, the Institutute for Energy Secuirty has projected. The Institute said the decline in prices of petroleum products on the international market would…
Cedi Depreciation To Drive Fuel Prices Up – IES
Fuel prices are likely to up in the coming days following a surge in prices of finished petroleum products and crude on the international market, analysts have projected. In separate analysis of the May 2022 First Pricing Window (May 1 to May 15, 2022), the Chamber of Petroleum Consumers (COPEC)…