Fuel prices in Ghana are set to rise further after the National Petroleum Authority (NPA) increased the price floors for petrol, diesel and liquefied petroleum gas (LPG) for the first pricing window of August 2026, deepening concerns over inflation, transport fares and the cost of doing business.The latest benchmark adjustments, published by the NPA, mark...
Category: Fuel Price
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COMAC Projects Fuel Price Increases for August Pricing Window Amid Rising Global Oil Prices
The Chamber of Oil Marketing Companies (COMAC) has projected an increase in ex-pump prices of petrol, diesel and liquefied petroleum gas (LPG) for the first pricing window of August 2026, citing escalating geopolitical tensions and rising international petroleum prices.According to COMAC’s latest pricing outlook, petrol prices are expected to increase by between 4.89% and 7.58%,...
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30% transport fare hike reflects failure of state policy – Benjamin Nsiah
Energy expert Benjamin Nsiah has criticised Ghana’s transport pricing system, describing the possible 30% increase in fares proposed by transport operators as a sign of deeper policy failures.The Ghana Private Road Transport Union (GPRTU) has warned that fares could rise by 30% due to increasing fuel prices and operational costs. However, Nsiah said transport fare...
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Transport fares should not rise permanently over temporary fuel shocks – Oil marketers
The Chief Executive Officer of the Chamber of Oil Marketing Companies (COMAC), Dr Riverson Oppong, has suggested that the government could temporarily suspend the additional GH¢1 Energy Sector Levy component to cushion transport operators facing rising fuel prices.Dr Oppong said such an intervention could help reduce pressure on drivers and prevent the immediate transfer of...
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Star Oil CEO Explains Fuel Price Increases Amid Global Oil Volatility
Motorists across Ghana who have watched fuel prices climb steadily despite being only halfway through the current petroleum pricing window may soon face further increases if global oil market conditions remain unstable, according to the Chief Executive Officer of Star Oil, Kwame Tieku. In a detailed explanation shared on his social media platform, Mr. Tieku...
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Fuel Retailers Break Pricing Cycle as US$100 Oil Rekindles Inflation Fears
Ghana’s downstream petroleum market is beginning to show renewed signs of stress, after major Oil Marketing Companies moved to raise pump prices ahead of the official bi-weekly pricing window, signalling that global oil pressures are beginning to outpace the industry’s normal pricing rhythm. The early price adjustments mark an important shift in market behaviour. In...
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Nigeria Built Refineries, Yet Dollar Sets Petrol Prices
Nigeria’s petrol market has entered another period of uncertainty. This time, the problem is not simply whether the country has enough refining capacity.The deeper issue is that Nigeria may now refine more fuel locally, yet the price Nigerians pay remains tied to the dollar.Some petroleum marketers have suspended fresh petrol purchases after depot prices in...
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Fuel Prices Projected to Rise as Geopolitical Tensions Push Up Global Oil Costs – COMAC
The Chamber of Oil Marketing Companies (COMAC) has projected an increase in ex-pump prices of petroleum products for the pricing window beginning July 16, 2026, citing renewed geopolitical tensions and a slight depreciation of the Ghana cedi against major trading currencies. According to COMAC, petrol prices are expected to increase by between 3.79% and 5.31%,...
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NPA increases price floor from July 16; Petrol up to GH¢ 13.28 and diesel pegged at GH¢ 14.35
The National Petroleum Authority (NPA) has increased the price floor for various petroleum products, effective July 16, 2026. Based on a notice sent to industry players, the price for petrol has increased from GHC 12.79 to GHC 13.28 per litre. Diesel has also been increased from GHC 13.54 to GHC 14.35 per litre. The development...
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Dangote Refinery Begins Pricing Local Fuel Sales In Dollars
Nigeria’s downstream petroleum sector is bracing for renewed foreign exchange (FX) pressure after Dangote Petroleum Refinery scrapped its naira-denominated pricing model for petrol, diesel and aviation fuel, replacing it with a dollar-based framework that ties domestic fuel prices directly to exchange rate movements. The change, announced in a notice to marketers and customers dated July...