The Chamber of Oil Marketing Companies (COMAC) has forecast a further decline in fuel prices at the pumps in its January market outlook for the start of 2026.
According to the report, ex-pump prices of petrol, diesel and liquefied petroleum gas (LPG) are expected to fall consecutively by between 2.40% and 4.80%, 2.42% and 3.77%, and 1.20% and 2.19% respectively. COMAC attributes the anticipated reductions to a notable drop in international petroleum product prices, coupled with the strong appreciation of the Ghana cedi.