The Association of Oil Marketing Companies is an industry association and a private initiative by the oil marketing operators in Ghana. We are an advocacy institution established to help direct downstream policy, legislation and regulation and pursue research towards the development of the downstream sector.
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PBU Effective 16th Oct, 2020 (27th Sept-11th Oct, 2020 Averages) | Estimate for PBU Effective 1st Nov, 2020 (12th-26th Oct 2020 Averages) | % Change |
| FX Rate (Commercial Banks Average) (GHS/USD) |
7.9270 |
5.8713 | 0.11% |
| Crude Oil (USD/BBL) | 40.46 | 41.24 | 1.92% |
| Petrol(USD/MT) | 401.48 | 383.80 | -4.40% |
| Gasoil(USD/MT) | 328.05 | 335.23 | 2.19% |
| LPG(USD/MT) | 389.90 | 395.91 | 1.54% |
| Jet/Kerosene(USD/MT) | 324.85 | 339.18 | 4.41% |
| Fuel Oil(USD/MT) | 275.68 | 285.11 | 3.42% |
| *PBU – Price Build Up Click here to download |
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ALL ABOUT DARNA
Over the years, the country has experienced a number of accidents that claimed lives and property with the majority of them happening in the capital, Accra. Notably among the accidents include; the June 3, 2015 floods and fuel station explosion in which, over 150 lives were snuffed out in the most horrifying circumstances. Another accident…
Our attention has been drawn to some publications purporting that the two-month removal of the price stabilisation and recovery levy would lead to a reduction in fuel prices in the next pricing window. The Association of Oil Marketing Companies (AOMC) would like to react as follows: The current pricing window ends today Friday, 15th October…
The Association of Oil Marketing Companies (AOMC) and the National Petroleum Authority (NPA) have indicated that prices of fuel will be adjusted upwards by at least 7 percent at the pumps come Saturday, October 16. Reports in the media revealed that fuel prices would be revised on Friday, but the Chief Executive Officer of the…
At a Board meeting held at the office of the Association of Oil Marketing Companies (AOMC) on 27 July 2021, members of the Board overwhelmingly elected Felix Gyekye, Managing Director of Glory Oil Company Limited as the New Board Chairman. He takes over from Henry Ofori Akwaboah, MD of Engen who is resigning from his…
The President of the Republic of Ghana, Nana Akufo-Addo, has sworn into office 39 deputy ministers including three deputies for the West African nation’s Energy Ministry. The three deputy Energy Ministers are Dr. Mohammed Amin Adam, who also the MP for Karaga Constituency, William Owuraku Aidoo and MP for Afigya Kwabre South and Kofi Egyapa…
Dr. Mustapha Abdul-Hamid has been appointed as the new Chief Executive of the National Petroleum Authority (NPA). He is replacing Mr Hassan Tampuli who is now a Member of Parliament for Gushegu and has been designated as a Deputy Minister of Transport. Dr Abdul-Hamid will start work on July 1, 2021. A journalist, academic and…
PETROSOL Ghana Limited has received triple International Organization for Standardization (ISO) certification. These are ISO 9001: 2015–Quality Management System; ISO 14001:2015–Environmental Management System and ISO 45001: 2018–Occupational Health & Safety Management. The Chief Executive Officer of PETROSOL, Mr. Michael Bozumbil, indicated that the certifications are an external endorsement of the company’s tireless efforts over the…
The Association of Oil Marketing Companies says the recent increase in fuel prices is due to a hike in the global oil market. Fuel prices at the pumps shot up from GHS6.05 to GHS6.23 over the weekend, an increase that many consumers have expressed concerns over. On the other hand, oil prices on the world…
