Prices of petroleum products are expected to rise from May 16, 2026, even if the government extends its current programme aimed at cushioning consumers against rising crude oil prices. This is according to the Chief Executive Officer of the Chamber of Oil Marketing Companies, Dr Riverson Oppong. Speaking to JOYBUSINESS in an interview, he outlined […]
Tag: Dr. Riverson Oppong
Show us the money – COMAC CEO demands full disclosure on ‘dumsor levy’ windfall
The CEO of the Chamber of Oil Marketing Companies (COMAC), Dr Riverson Oppong, is demanding full transparency on proceeds from the controversial “dumsor levy,” as government moves to ease fuel prices. Government has announced plans to remove some taxes and margins on fuel to cushion consumers. The decision, communicated by Felix Kwakye Ofosu, follows a […]
NPA didn’t scrap fuel discounts, it corrected an error – Oil Marketing Chamber CEO
The CEO of the Ghana Chamber of Oil Marketing Companies, Dr Riverson Oppong, has rejected claims that the National Petroleum Authority (NPA) has scrapped fuel discounting. He insists the regulator has only corrected what he describes as a long-standing error. Speaking on JoyNews’ PM Express on Wednesday, he said the public narrative around the directive […]
‘Fuel could sell at GH¢12 by Thursday’ – OMC boss pins hope on cedi stability
The Chief Executive Officer of the Association of Oil Marketing Companies (AOMCs) says Ghanaians may soon enjoy significantly lower fuel prices at the pump if the cedi continues its recent run of stability. Dr Riverson Oppong, speaking on JoyNews’ PM Express on Monday, May 26, projected that petrol could drop to as low as GH¢12 […]
Fuel prices projected to increase on Jan. 17 due to cedi depreciation, rising global crude prices
Petroleum product prices are expected to increase marginally at the pumps from Friday, January 17, 2025. This has been influenced by rising prices of crude oil on the international market and recent pressures on the cedi. The Cedi started 2025 on a losing streak, depreciating marginally by 0.38% to the US dollar in the retail […]





