Petrol price to go up 2%, LPG by 5% from July 1, 2024 – IES

The price of petrol is expected to go up by 2.0% from July 1, 2024, for the next two weeks, the Institute for Energy Security has revealed.

At the same time, the price of diesel will surge by 4.0%, whilst that of Liquefied Petroleum Gas (LPG) will shoot up by 5%.

The expected increase in fuel prices is due to the depreciation of the cedi against the US dollar and the increase in the prices of finished petroleum products on the international market.

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