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Tag Archives: IES

Fuel prices to remain unchanged in October

FUEL-STATION

Fuel prices are to remain stable for the first pricing window of October [spanning October 1-15, 2018]. This is a prediction by the Institute of Energy Security (IES). The IES attributes the findings to various indicators such as the cedi’s performance and marginal increase in the price of Brent crude. Prices of fuel went up in the last pricing window ...

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Drivers lament over GH¢5 fuel prices

FUEL-STATION

Some drivers have expressed their displeasure over the increase in fuel prices for the second pricing window in September. Checks by Citi Business News at some fuel pumps on Monday evening [September 17, 2018] showed that Shell had increased its prices. A litre of diesel and petrol are being sold at 5 cedis 18 pesewas and 5 cedis 14 pesewas ...

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Fuel prices to remain stable in September

FUEL-STATION

Prices of fuel are expected to remain relatively stable for the first pricing window in September. This means that for the first two weeks of September, consumers should be paying almost the same amount for fuel they purchase. The Institute of Energy Security (IES) who predicted this tells Citi Business News the stability could be attributed to the slight reduction in prices ...

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Change BOST’s mandate to address fuel price hikes – IES

BOST-new

The Institute of Energy Securities (IES) is calling for a change in the mandate of the Bulk Oil Storage And Transportation (BOST) to help address the constant increase in fuel prices. According to the Executive Secretary of IES, Paa Kwesi Anamoah Sekyi, an analysis of the trend in fuel prices on the international market can better inform the government on what ...

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Ameri deal: IES cautions against hasty decisions

Ameri

The Institute of Energy Security (IES) is urging that the government takes its time before going ahead with any further action on the AMERI deal. The energy think tank wants the acting Minister of Energy, John Peter Amewu to clarify all outstanding issues before making any move on the agreement. The comments follow the President’s decision to relieve Mr. Boakye ...

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Fuel prices go up by 2% in May – IES

Fuel pump nozzles are pictured at Helios petrol station in Almaty

The Institute of Energy Security (IES) has predicted an increase in fuel prices for the first two weeks of May. The Institute tells Citi Business News prices will go up by about 2 percent barring an intervention from the National Petroleum Authority (NPA). “In the first pricing window for May 2018, we are expecting fuel prices to go up by up to 2%. ...

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Fuel prices increase by 1.5 percent in April

FUEL-STATION

The prices of petroleum products at the pumps have gone up by about 2 percent for the first pricing window this month (April). For the first two weeks of this month, consumers should be prepared to pay more for fuel they purchase at the various retail outlets for the Oil Marketing Companies (OMCs). The first pricing window spans from the ...

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Petroleum prices to drop by 3% in March

FUEL-STATION

Prices of petroleum products are expected to drop by about 3 percent for the first pricing window in March. The pricing window spans Thursday, March 1, 2018 to Thursday, March 15, 2018. According to the Institute of Energy Security (IES), the drop can be attributed to the reduction of crude oil prices on the international market as well as the ...

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