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...
Category: Fuel Price
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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...
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COMAC Directs OMCs to Strictly Adhere to New Fuel Price Floors for February 16–28 Window
The Chamber of Oil Marketing Companies (COMAC) has directed all Oil Marketing Companies (OMCs) and LPG Marketing Companies (LPGMCs) to strictly adhere to the approved ex-pump price floors for the second petroleum pricing window of February 2026. A formal notice signed by the CEO of COMAC Dr. Riverson Oppong, Directs OMCs to Strictly Adhere to...
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StarOil Adjusts Discounted Petrol Price Following NPA Price Floor Review
StarOil Ghana has adjusted the discounted ex-pump price of its Super petrol at selected outlets from GH¢9.97 to GH¢9.99 per litre, following a revision of the national price floor by the National Petroleum Authority (NPA). For the current pricing window spanning 1–15 February 2026, the NPA raised the ex-pump price floor for petrol from GH¢9.80...
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Several OMCs flout NPA’s fuel price floor directive
Several Oil Marketing Companies (OMCs) are reportedly flouting the National Petroleum Authority’s (NPA) directive that no industry player should price petroleum products below the approved Fuel Price Floor. Checks by JOYBUSINESS at service stations found that some OMCs were selling fuel below the regulator-set minimum prices.For instance, based on service station board quotes dated February...
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NPA increases price floor for February window with petrol up to GH¢9.99 and diesel pegged at GH¢10.95
The National Petroleum Authority (NPA) has announced new minimum price levels for petroleum products for the first pricing window of February 2026, covering February 1 to February 15.Under the directive, no Oil Marketing Company (OMC) or LPG Marketing Company (LPGMC) is permitted to sell petroleum products below the approved price floor during the period.According to...
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Fuel Prices May Rise Slightly in February as Market Forces Intensify – COMAC
The Chamber of Oil Marketing Companies (COMAC) has projected marginal increases in fuel prices in the first pricing window of February 2026, citing cedi depreciation and rising international petroleum prices. In its 1st February Pricing Outlook Report, COMAC said petrol, diesel and liquefied petroleum gas (LPG) ex-pump prices are expected to rise by between 1.73%...
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Star Oil Tops Industry in Fuel Attendant Pay as CEMSE Questions Price Floor Policy
The Centre for Environmental Management and Sustainable Energy (CEMSE) has disclosed that Star Oil pays its fuel attendants a monthly salary of GHS 2,000, significantly higher than the GHS 800 reportedly paid by some of its major competitors “Scrapping the price floor would compel companies to become more efficient and adopt innovative measures to eliminate...