“With keeping of petroleum products and other essential goods available, what we could not able to control will be pricing because these are the global marketing activities,” Minister Piah warned. In a stern warning to petroleum dealers, Minister Piah disclosed that the government will take decisive action against businesses engaged in hoarding or manipulating supply to inflate prices. According to him, despite global pressures on oil prices, Liberia currently has sufficient stock to meet domestic demand. A recent circular issued by the Liberia Petroleum Refining Company updated petroleum prices, listing gasoline (PMS) at US$4.87 (L$910.00) and diesel at US$5.78 (L$1,080.00). Minister Piah confirmed that the Liberia Petroleum Refining Company, in collaboration with the Ministry of Commerce and Industry’s Inspectorate Division, has begun nationwide inspections.

Source: Front Page Africa March 18, 2026 06:42 UTC