Liberia cuts prices of petroleum products

According to a report on the official website of The News of Liberia on January 11, In a statement issued through the Ministry of Commerce and Industry and the Liberia Petroleum Refining Company (LPRC), based on international market prices and exchange rates, Cut gasoline (PMS) and fuel oil (AGO) prices by $0.13 and $0.40, respectively. The wholesale and retail prices were $4.82 and $5 per gallon, respectively. Wholesale and retail fuel prices were $5.27 and $5.45 per gallon, respectively. The inspection team of the Ministry of Commerce and Industry will closely monitor the implementation of the price adjustment to ensure market stability.