The Institute for Energy Security (IES) has predicted that a gallon of petrol will now sell at almost GHS24 starting Saturday, 1 June 2019. “While it is IES’ expectation that the National Petroleum Authority (NPA) could, once again, fully apply the element of the Price Stabilisation and Recovery Levy (PSRL) to cushion consumers for the upcoming window as occurred in …

AFP news agency has reported on the irony of Equatorial Guinea hosting a summit for petrol-producing nations while the country itself rations supplies to citizens. Currently, taxis are limited to 10 litres of fuel per day (worth $8.50; £6.50) and private cars are entitled to double that amount, under an agreement between Equatorial Guinea’s government and the country’s main fuel …