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What determines fuel prices at the pump?

  • February 28, 2025
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Ever wonder what goes into the prices of petrol and diesel you see at filling stations? Here’s a simple breakdown to help you understand. In Ghana, fuel prices at the pump are made up of three main components: Ex-Refinery Price Taxes and Levies Oil Marketing Company (OMC) Margin Ex-Refinery Price (Ex-Ref) The Ex-Ref price is […]