Petrol prices could fall at the pump from November 1, 2026, while diesel prices may rise marginally after the National Petroleum Authority (NPA) adjusts its price floors. Market data obtained indicates that the petrol price floor has been reduced from GH¢16.09 to GH¢15.39 per litre for the November 1–15 pricing window. The diesel floor, however,...
Day: October 28, 2026
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Ignore ‘economic propaganda’; TOR refines Ghanaian medium sweet crude same as what is in Nigeria and Ivory Coast in the Equatorial basin – TOR MD Kombat
The Managing Director of the Tema Oil Refinery (TOR), Edmond Kombat has reiterated the refinery’s capability to refine Ghanaian crude contrary to some arguments that TOR lacks that capacity.Addressing a press briefing in Accra on Monday (October 26, 2026) and exhibiting different types of products (crude) that TOR currently refines, Kombat said “in the past,...
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OPEC: Taxes Account For 48% Of Petrol Pump Prices
Taxes made up 48 per cent of the average final retail price of petroleum products across member countries of the Organisation for Economic Co-operation and Development (OECD) in 2025, the Organisation of the Petroleum Exporting Countries (OPEC) has said. The OPEC Secretariat disclosed this in a graphic posted on its official X account, @OPECSecretariat, on...