Pump prices may stay unchanged as government holds TOR, Sentuo prices

Dr Oppong explained that fuel pricing in Ghana follows a cost-reflective model, meaning changes in the various components of the industry’s cost structure ultimately affect pump prices.

When asked whether the development could translate into a change in pump prices by Saturday or Monday, Dr Oppong said the industry would first have to review the new directive.

The development means motorists are likely to see continued stability at the pumps as government and industry players assess the impact of the measures on the fuel pricing chain.