The National Petroleum Authority (NPA) has introduced sweeping new measures requiring Oil Marketing Companies (OMCs) to apply uniform fuel prices across all their retail stations nationwide beginning March 16. The directive forms part of efforts to strengthen regulatory oversight, enhance transparency, and eliminate inconsistencies within Ghana’s downstream petroleum sector. No More Selective Discounts Under the...
Category: Fuel Price
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COMAC Warns of Higher Petroleum Product Prices
igher petroleum product prices could confront Ghanaian consumers if the conflict between the United States, Israel and Iran persists, the Chief Executive Officer of the Chamber of Oil Marketing Companies (COMAC), Dr Riverson Oppong, has cautioned. Although he dismissed fears of imminent fuel shortages on the local market, Dr Oppong stressed that sustained geopolitical instability...
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Government Urged to Cushion Rising Fuel Prices with Petroleum Funds
nergy and Associates Ghana has called on government to consider deploying the Ghana Petroleum Funds to cushion consumers against temporary spikes in pump prices, warning that rising crude oil prices could trigger a fresh cost-of-living crisis. In a statement signed by its Director of Operations, Research and Communication, Ibrahim Kwame Baidoo, the policy think tank...
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NPA raises fuel price floor for March 1 window; petrol now GH¢10.46, diesel GH¢11.42
The National Petroleum Authority (NPA) has announced new minimum price levels for petroleum products for the first pricing window of March 2026, effective March 1–15. Under the revised price floor, petrol will increase from GHC 10.24 in the February 16 window to GHC 10.46 per litre, while diesel rises from GHC 11.34 to GHC 11.42....
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Pump prices set to rise again with petrol up 3.59%, diesel 1.52% in March window
Consumers should brace for higher fuel costs in the first pricing window of March 2026, as petroleum prices are expected to increase marginally at the pumps. According to the Chamber of Petroleum Consumers (COPEC), “Petroleum prices beginning the 1st window of March 2026, are expected to see some marginal increments across the pumps.” COPEC projects...
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GOIL Sustains Upward Momentum in 2026 Following 95% Share Price Surge
GOIL PLC has carried its strong market performance into 2026 after delivering an impressive 95 percent share price growth in 2025, further strengthening investor confidence in the company’s transformation agenda.The indigenous oil marketing company has emerged as one of the top performers on the Ghana Stock Exchange in the early months of 2026. Its share...
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Beyond the Pump: The Hidden Financial Forces Shaping Ghana’s Downstream Petroleum Market
Ghana’s downstream petroleum sector often appears simple from a distance. The assumption is straightforward: import refined fuel, set prices and sell at the pump.In reality, however, the Ghana downstream petroleum sector is shaped by far more complex forces that determine who thrives, who struggles and who quietly exits the market.Beneath the visible competition of fuel...
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COPEC Urges Strategic Investment in Tema Oil Refinery as Fuel Price Hikes Loom
The Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has urged the government to prioritise strategic investment in the Tema Oil Refinery (TOR) as a long-term solution to Ghana’s recurring fuel price volatility. According to Mr. Amoah, Ghana’s continued exposure to international fuel price fluctuations is largely due to inadequate investment in...
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NPA raises price floor for Feb. 16 window; petrol up to GH¢10.24, diesel pegged at GH¢11.34
The National Petroleum Authority (NPA) has increased the minimum price levels for petroleum products for the second pricing window of February 2026. The new price floor takes effect from February 16 to 28, 2026. Under the directive, no Oil Marketing Company (OMC) is permitted to sell petrol below GH¢10.24 for the next two weeks. This...
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COMAC Projects Marginal Fuel Price Increases for Second February Pricing Window
The Chamber of Oil Marketing Companies (COMAC) has projected marginal increases in the ex-pump prices of petroleum products for the second pricing window of February 2026.According to COMAC’s latest outlook report, petrol prices are expected to rise by 1.97 percent, diesel by 2.73 percent, and liquefied petroleum gas (LPG) by 3.26 percent. The projected hikes...