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Energy analyst, Kojo Poku Nsafoah says the recent hike in fuel prices is a global concern and not Ghana alone.
 
He said the situation in Ghana is ‘worrying’ considering the hardship Ghanaians are facing in recent times.
 
“It’s a global situation now, the world market determines our price here,” he said in an interview with NEAT FM’s morning show, ‘Ghana Montie’.
 
The Chamber of Petroleum Consumers Ghana (COPEC) foretold fuel prices could go up by up to 30 pesewas soon.
 
COPEC in a statement stated that, “From 16th February 2022, at FOB price of $880.79, our projected Ex-pump price is GHS7.764, so it’s expected that the max Ex-pump price shall be hovering around GHS7.750”.
 
“From 16th February 2022, at FOB price of $828.58, our projected Ex-pump price is GHS7.981, so it’s expected that the max Ex-pump price shall be hovering around GHS7.950,” their statement said.
 
Fuel prices at some fuel stations Thursday, February 17, 2022, is now GHS7.990.