{"id":735,"date":"2024-08-01T01:48:53","date_gmt":"2024-08-01T01:48:53","guid":{"rendered":"https:\/\/sbmediaonline.com\/?p=735"},"modified":"2024-08-01T01:48:53","modified_gmt":"2024-08-01T01:48:53","slug":"ies-announces-expected-drop-in-fuel-prices-for-august","status":"publish","type":"post","link":"https:\/\/sbmediaonline.com\/?p=735","title":{"rendered":"IES Announces Expected Drop in Fuel Prices for August"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"770\" height=\"513\" src=\"https:\/\/uwordpressmedia.blob.core.windows.net\/uwordpressmedia01\/2024\/08\/FUEL-SHORTAGE-Custom.webp\" alt=\"\" class=\"wp-image-736\" srcset=\"https:\/\/uwordpressmedia.blob.core.windows.net\/uwordpressmedia01\/2024\/08\/FUEL-SHORTAGE-Custom.webp 770w, https:\/\/uwordpressmedia.blob.core.windows.net\/uwordpressmedia01\/2024\/08\/FUEL-SHORTAGE-Custom-300x200.webp 300w, https:\/\/uwordpressmedia.blob.core.windows.net\/uwordpressmedia01\/2024\/08\/FUEL-SHORTAGE-Custom-768x512.webp 768w\" sizes=\"auto, (max-width: 770px) 100vw, 770px\" \/><\/figure>\n\n\n\n<p>A new report from the Institute of Energy Security (IES) has revealed that fuel prices in Ghana will fall within the month of August.<\/p>\n\n\n\n<p>According to the report, favorable conditions in the international market will dictate this new change.<\/p>\n\n\n\n<p>This was revealed in a statement released by the agency on Tuesday, July 30th.<\/p>\n\n\n\n<p>According to IES research analyst Adam Yakubu, the slowed depreciation of the Ghana cedi and a positive outlook on the foreign fuel market will drive prices down.<\/p>\n\n\n\n<p>The agency thus predicted a fuel price drop between 2% and 4% for the month of August.<\/p>\n\n\n\n<p>Currently, Gasoline is selling at GH\u20a114.23 per litre with (LPG) selling at GH\u20a115.22 per kilogram (kg).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new report from the Institute of Energy Security (IES) has revealed that fuel prices in Ghana will fall within the month of August. According [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":736,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=\/wp\/v2\/posts\/735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=735"}],"version-history":[{"count":1,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=\/wp\/v2\/posts\/735\/revisions"}],"predecessor-version":[{"id":737,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=\/wp\/v2\/posts\/735\/revisions\/737"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=\/wp\/v2\/media\/736"}],"wp:attachment":[{"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}