Fuel dealers order stock in anticipation of price hikes

Some filling stations are ordering advance stock of fuel in expectation of a possible price increase.

Media reports have suggested that the petroleum regulatory body, the National Petroleum Authority have agreed on fuel price hikes in conformity with the rising price of crude oil on the world market.

There has been mixed reactions from the public to the reports.

JOY News enquiries at some filling stations indicate that, the dealers are preparing for any increases in petroleum products.

JOY News team reports that there are no shortages and cues at the stations but some dealers complain of a delay in supply.

The independently owned ?Statesman? newspaper says the hikes would be announced after President Kufuor?s press conference on Tuesday.

There has not been any official denial or confirmation from the petroleum price fixing authority, The National Petroleum Authority on the reports of the supposed fuel price hikes.