[ 2016-11-30 ]

Fuel prices reduced by 1-4%
Fuel prices across most oil marketing companies
(OMCs) has dropped by between 1 to 4.23% barely a
day to the end of the final pricing window for the
month of November.

Most oil marketing companies begun the current
pricing window with prices per litre averaging
some 3.680 though others had much higher prices at
the pumps.

The steady drop of world oil prices which
currently averages $44/litre from previous levels
of around $46.35/litre is believed to be largely
responsible for the current marginal reductions
across most pumps in the country.

So Energy is currently dispensing the lowest
prices on the market at 3.55/litre of pms (petrol)
followed keenly by Radiance oil with 3.560/litre.

Petrosol which saw one of the biggest reductions
moved from previous 3.745/litre to 3.599 same as
Shell and Total who currently are trading at 3.599
and 3.598 respectively.

Goil maintained its pump prices when markets moved
up from 3.630 to 3.750/litre previously and has
currently reduced further down to 3.599
representing about 0.85399%.

Pump prices at current levels are expected to
remain largely unchanged in the first pricing
window of the month of December.

Source - Duncan Amoah, Executive Secret

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