Home Business Fuel prices drop as GOIL, Star Oil reduce petrol and diesel rates

Fuel prices drop as GOIL, Star Oil reduce petrol and diesel rates

fuel prices drop at pumps

Fuel prices drop across parts of the country as oil marketing companies begin adjusting their rates.

Some OMCs, including Star Oil and GOIL, have reduced pump prices at the start of the second pricing window for April. The adjustments follow new benchmarks released by the National Petroleum Authority.

At Star Oil, petrol has been reduced slightly from GH¢13.30 to GH¢13.27 per litre, while diesel recorded a more noticeable drop from GH¢17.10 to GH¢16.10. The company also revised its RON 95 price downward to GH¢14.67.

GOIL is now selling petrol at GH¢13.27 and diesel at GH¢16.10 per litre. Its Super XP 95, however, remains unchanged at GH¢15.77. The fuel price drop comes after weeks of increases driven by global oil market volatility, particularly linked to tensions in the Middle East. Government intervention has also played a role, with authorities absorbing GH¢2.00 per liter on diesel and GH¢0.36 on petrol.

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