fuel

Fuel Prices to Rise in June, IES Predicts

The Institute of Energy Securities (IES) has predicted a marginal increase in fuel prices in June.

According to a press statement signed by a Research Analyst of the Institute, Mikdad Mohammed on Friday, it foresees fuel prices inching more closely towards Gh₵24 per gallon.

This, IES stated is as a result of the combination of rising international market prices and a marginal depreciation of the Cedi against the Dollar, the Institute said in its projection for June 2019 first pricing-window.

It has, therefore “strongly advise the Ghanaian public to take note of Fuel Filling Stations price boards before making purchases as some are priced far below the national average price due to the De-regulation policy.

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