Prices of petroleum products are likely to remain unchanged for the month of October.
According to projections from the Chamber of Petroleum Consumers (COPEC), there could be a one percent increase in the pumps, but oil marketing companies will not pass on the cost to consumers due to competition.
The Executive Secretary of COPEC, Duncan Amoah, attributed the price stability to the stability of the cedi and the stable price of oil on the international market.
He said there have been some price variations as far as the international market pricing is concerned and again, there has been some relative stability with the local currency over the last two weeks’ period.
Story by: Osei Akoto (Teacher Kojo) / Ahotoronline.com
