The Institute for Energy Security (IES) has predicted a fall of between 2% and 4% in the price of fuel products in the first half of August 2024.
In a statement issued by IES Research Analyst, Adam Yakubu attributed the anticipated fall to favorable dynamics in the international fuel market coupled with the slowed depreciation of Ghana Cedi in the last month.
According to him, the global Standard & Poor’s (S&P’s) Platts on petroleum products performance in the world fuel market shows that the price of Gasoline, Gasoil, and LPG fell in the second pricing window for July 2024.
