The price of diesel at fuel stations could have risen to about GH¢28 per litre if government had not stepped in to absorb part of the sharp increase in international petroleum prices, the Chief Executive Officer of the National Petroleum Authority (NPA), Godwin Edudzi Tameklo, has said. He explained that the cost of diesel on...
Category: Fuel Price
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UK Inflation To Hit 3.1% After Spike In Petrol Prices
Surging fuel prices helped drive UK inflation higher again last month, according to official figures. The Office for National Statistics (ONS) said Consumer Prices Index (CPI) inflation increased to 3.1% in August, compared with 2.9% in July. The uptick was in line with predictions from economists and points to an upward trajectory for inflation since...
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COMAC Projects Up to 9.63% Increase in Fuel Prices From September 16
The Chamber of Oil Marketing Companies (COMAC) is projecting increases in ex-pump prices for petrol, diesel and LPG from September 16, 2026. According to COMAC, petrol prices are projected to rise by between 7.75% and 9.63%, while diesel prices could increase by 4.26% to 6.97%. LPG prices are also expected to rise by between 0.85%...
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NPA increases price floor from September 16; petrol to sell at GH¢16, diesel at GH¢16.77
The National Petroleum Authority (NPA) has increased the price floor for the second “Pricing Window” from September 16.Market data picked up showed that the price floor for petrol has been increased from GH¢ 14.53 to GH¢ 16.00 per litre. Diesel has also been increased from GH¢ 15.60 to GH¢ 16.77 per litre. LPG, on the...
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Petrol to sell at GH¢16.26, diesel GH¢19.07 from Wednesday – COPEC
Petrol prices are expected to rise to an average of GH¢16.26 per litre, while diesel could sell at GH¢19.07 per litre from Wednesday, September 16, according to the Chamber of Petroleum Consumers (COPEC).COPEC projects a 4.24% increase in petrol prices from the current average of GH¢15.60 per litre. Diesel is expected to record a steeper...
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GPRTU to announce new transport fares this week after fuel price hike
The Ghana Private Road Transport Union (GPRTU) says it is preparing to announce new transport fares by the end of this week following another increase in petroleum prices. The union’s Deputy Spokesperson, Samuel Amoah, says the decision has become necessary as transport operators continue to grapple with rising fuel prices alongside increasing costs of spare...
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IES demands stronger safeguards amid temporary Akosombo power arrangement
The Institute for Energy Security (IES) is demanding stronger safeguards around the temporary power arrangement at the Akosombo Generating Station to prevent technical faults from triggering widespread power outages. Senior Research and Policy Analyst at IES, Derrick Xatse, said while a permanent solution to the challenges affecting the Akosombo transmission infrastructure is necessary, the interim...
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OMCs commence fuel price reviews; Star Oil sells petrol at GH¢14.97, diesel kept at GH¢16.97
Some Oil Marketing Companies (OMCs) have started reviewing prices of petroleum products at the pumps from this morning, August 17, 2026.Star Oil has taken the lead among the top oil marketing companies, as Joy Business checked the prices of petroleum products across some pump stations this morning.Star Oil has reduced the price of petrol from...
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Oil Nears $90 as Hormuz Tensions Raise Ghana’s Fuel Risks
Oil prices are moving back towards the US$90-per-barrel threshold, as stalled US-Iran negotiations and sharply reduced shipping through the Strait of Hormuz revive concerns about the durability of global petroleum supplies. Brent crude rose by more than 1% in early Asian trading on Monday, August 17, with renewed geopolitical uncertainty providing fresh support to prices....
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COMAC Projects Mixed Movement in Fuel Prices as Cedi Gains Offer Potential Relief
The Chamber of Oil Marketing Companies (COMAC) is projecting a mixed movement in ex-pump petroleum prices in the coming pricing window, with petrol and liquefied petroleum gas (LPG) expected to decline while diesel prices could increase. According to COMAC, petrol prices are projected to fall by between 1.50% and 2.90%, while LPG prices could decrease...