Fuel prices have risen for the third consecutive time this year, with some Oil Marketing Companies (OMCs) adjusting prices upward in the first pricing window of February.

Shell has increased the price of petrol from GH?15.59 per litre in late January to GH?16.23, while diesel now sells at GH?16.20 per litre, up from GH?15.79.

Star Oil, however, has maintained petrol at GH?14.99 per litre but raised diesel from GH?14.99 to GH?15.37 per litre.

The Chamber of Petroleum Consumers (COPEC) had earlier predicted slight price hikes, attributing them to rising global crude oil prices and the continued depreciation of the Cedi.

Meanwhile, Edudzi Tameklo, Acting CEO of the National Petroleum Authority (NPA), has assured consumers that measures are being implemented to stabilize fuel prices and mitigate the impact of future fluctuations.