Category: Fuel Price

The price of premix fuel recorded a significant 16 per cent reduction effective 1 January 2026, compared with the previous price review conducted on 1 October 2025. The reduction brings welcome relief to end users, particularly fisher folk, who depend heavily on the subsidized product for their operations.On a year-on-year basis, the price is said...

GOIL PLC has announced a reduction in the prices of its petroleum products, effective Tuesday, January 6, 2026, in a move the company says underscores its commitment to providing quality fuel at affordable prices to Ghanaians. Under the new pricing regime, Regular Fuel (Super XP) is selling at GH¢10.99 per litre, representing a reduction of...

The federal government has written off the bulk of legacy debts owed by the Nigerian National Petroleum Company Ltd. (NNPCL) to the federation account, wiping out about $1.42 billion and N5.57 trillion following a reconciliation exercise approved by President Bola Tinubu. The decision, contained in a regulatory document prepared by the Nigerian Upstream Petroleum Regulatory...

Despite significant drop in fuel prices, Ghana ends the year placing 23rd on the African continent. According to GlobalPetrolPrices.com, gasoline or petrol sold at US$1.297 per litre as of 15th December, 2025. On the other hand, gas oil or diesel is going for US$1.145 per litre. Central African Republic ($1.883) was ranked 1st in Africa...

Dangote Refinery has emerged as the hub of fuel distribution in Nigeria, following bold strategic adjustments aimed at making energy more affordable and accessible. The refinery recently announced a significant reduction in the pump price of Premium Motor Spirit (PMS) to ₦699 per litre, alongside a drastic cut in the minimum purchase requirement from 2...

Prices of petroleum products are expected to decline marginally at the pumps from today, December 16.The projection is contained in the latest outlook report by the Chamber of Oil Marketing Companies (COMAC), which guides pricing decisions by oil marketing companies. Projected Reduction The price of petrol is expected to fall by between 1.64% and 3.89%,...

The Dangote Petroleum Refinery has slashed the ex-gantry price of its premium motor spirit, also known as petrol, to N699 per litre.According to sources at the refinery, the price of the product was reduced by N129 from the previous price of N828 per litre. “The refinery reduced its petrol price to N699 per litre,” a...

Board Chairman of the Chamber of Oil Marketing Companies, Gabriel Kumi, says Ghanaians should expect cheaper fuel this Christmas as global product prices continue to fal He says the indicators already point to clear reductions across petrol, diesel and LPG, and consumers will feel the relief from mid-December. Speaking on PM Express Business Edition, he...

The price of petroleum products is expected to increase marginally at the pumps from today, December 1.The price of petroleum products is expected to increase marginally at the pumps from today, December 1. The projection was captured in the latest Chamber of Oil Marketing Companies (COMAC) outlook report, which guides the pricing decisions of oil...