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Prices of petrol, diesel and LPG to remain stable – IES

Fuel pump

The prices of petroleum products will remain stable on the local fuel market for the second half of August 2024, the Institute for Energy Security has predicted.

This is due to the combined effects of the slowed depreciation of the local currency and the international market activities observed in the first half of August 2024.

The price of petrol and diesel remained positive, recording decreases of 2.83% and 4.46%, respectively.

In sharp contrast, Liquified Petroleum Gas recorded a price increase of about 2.66%. Additionally, the Ghana cedi depreciated by 0.77% against the U.S. dollar.

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