By Aaron Hammond 
Ghanaians waking up today will experience mixed feelings at various fuel stations across the country. You might smile or frown depending on the specific type of car you drive to work this morning. Industry experts recently issued an alert for petrol prices to drop today with diesel up in mixed pump price review across major cities.
Data from the Chamber of Oil Marketing Companies confirms that petrol prices are falling by almost three percent. The new indicative price for petrol sits around 15.82 Cedis per litre which brings some welcome financial relief to private car owners.
Commercial trotro and taxi drivers who depend heavily on diesel unfortunately have a completely different story to tell today. Diesel prices are climbing by over one percent bringing the new pump price to approximately 17.73 Cedis per litre.
Mothers and food vendors also get a tiny reason to celebrate alongside the private petrol users this week. The general price of Liquefied Petroleum Gas drops marginally to roughly 16.21 Cedis per kilogram making kitchen cooking slightly cheaper.
These current price changes did not just fall from the sky but stem directly from international market drama.Global crude oil prices recently jumped beyond 90 dollars per barrel due to serious geopolitical tensions affecting supply routes around the world.
The Chamber of Petroleum Consumers expects many local stations to keep their old prices despite these new international figures.Since Ghana has over 200 oil marketing companies each station owner has the total freedom to adjust prices based on their unique business needs.
The slight appreciation of the Ghana Cedi against the dollar recently offers a beautiful glimmer of hope for future pricing windows.If the local currency continues to perform well against foreign currencies we might definitely see further fuel price reductions very soon.
Until then drivers must smartly compare prices at different stations before filling their empty vehicle tanks. It takes only a little extra observation to find the most affordable fuel pump in your neighborhood and save some precious Cedis.
Also Read: Street Lighting on Accra Tema Beach Road Poses Huge Deadly Risks Now