Fuel prices to see biggest drop of 8% today May 16

COPEC Predicts Major Fuel Price Cuts as Cedi Strengthens

Fuel prices in Ghana are expected to drop significantly in the second pricing window of May 2025, following the recent appreciation of the cedi against the US dollar. This projection comes from the Chamber of Petroleum Consumers (COPEC), which anticipates a general decline in fuel costs of up to 10%. Speaking on News Central, COPEC’s Executive Director, Duncan Amoah, revealed that as of May 16, only two Oil Marketing Companies (OMCs) had impleme…

Big drop in fuel prices starting today – COPEC confirms

By; Ashiadey Dotse The Chamber of Petroleum Consumers (COPEC) has announced that fuel prices in Ghana will go down starting today, Friday, May 16, 2025. This includes a big drop in diesel prices. Speaking on Channel One TV’s Breakfast Daily, COPEC’s Head of Research, Paul Eric Ofori, said diesel prices will fall by about 8.3% to 8.5%. He explained that this is one of the largest single price reductions in recent months. “Since the second pricing…

Fuel prices to see biggest drop of 8% today May 16

Prices of the petroleum products are set to witness the biggest drop at the pumps today May 16, 2025. This is according to the Chamber of Oil Marketing Companies (COMAC) Pricing Outlook for the second pricing window for the month of May 2025. Price quotes for various products  According to the pricing guidelines for the […] The post Fuel prices to see biggest drop of 8% today May 16 appeared first on Ghanamma.com.