Oil Marketing Companies (OMCs) are expected to reduce the prices of petroleum products starting April 16, 2025.

This marks the second consecutive price reduction this month.

According to the pricing outlook report, the price of petrol may decrease by 1.5 percent, bringing the cost of a litre to GH¢14.88.

Diesel is also expected to decline by 0.3 percent, with a new price of GH¢15.50 per litre.

Similarly, the price of Liquefied Petroleum Gas (LPG) is projected to drop by 0.3 percent, to GH¢17.45 per kilogram.

Currently, crude oil is trading at US$64 per barrel, largely due to ongoing trade tensions in the United States.

SSD/MA

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