Consumers are bracing for mixed outcomes at the pumps as global fuel prices decline, but the local currency's depreciation threatens to offset potential relief.
Despite a steady drop in Brent crude prices and refined petroleum product costs on the international market, the Ghanaian Cedi's 2.18% fall against the U.S.
Dollar is keeping fuel prices volatile.
According to a press release by the Institute for Energy Security (IES) the first pricing window of February 2025, the cost of fuel in Ghana surged for the third time this year.
