Ben
In a move likely to relieve consumers, fuel prices will fall for the third consecutive time from April 1, 2023. The Institute for Energy Security predicted that the cost of Liquefied Petroleum Gas (LPG) would see its most significant decline recently, with a drop of around 9%.
The drop will be welcome news for those who rely on LPG for cooking and heating and businesses that use it for industrial purposes. In addition, the price of petrol and diesel will fall between 2% and 5%, providing much-needed relief to motorists and transport companies.
The reasons for the price drop are a combination of factors, including a decrease in global demand and an increase in supply. Consumers will welcome the news, as fuel prices have been a significant concern for many people in recent years.
The future will tell whether this trend will continue. Consumers can now look forward to much-needed relief at the pump and in their household budgets.
_
Source:Omanghana.com/SP
