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Petrol Set to Rise to GH¢16.39 as LPG Prices Fall

Felicia Opoku by Felicia Opoku
September 1, 2026
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Fuel Prices To Rise in July Due to Iran-Israel Conflict-COPEC
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Petrol prices are expected to rise by up to 4.80 per cent from September 1 to 16, 2026, according to the Chamber of Oil Marketing Companies (COMAC).

The Chamber projects petrol to sell at about GH¢16.39 per litre, while diesel is expected to increase by 2.10 per cent to GH¢17.60 per litre.

LPG, however, is projected to fall by 0.93 per cent, with the price expected to settle at about GH¢13.73 per kilogramme.

COMAC attributed the expected increases mainly to higher international crude oil and refined petroleum product prices. Average crude oil prices rose by 1.75 per cent, from US$90.53 to US$92.11 per barrel.

Prices of refined products also increased, with petrol rising by 8.86 per cent, diesel by 5.51 per cent and LPG by 3.31 per cent.

The impact of the increases was partly moderated by the 3.64 per cent appreciation of the cedi, which strengthened to GH¢11.3697 against the US dollar.

Government has also extended its GH¢2 per litre reduction in the regulatory margin on diesel into the first pricing window of September to cushion consumers from higher prices.

Meanwhile, the National Petroleum Authority (NPA) has raised the price floor for the period. Petrol will have a minimum price of GH¢14.53 per litre, while diesel will be pegged at GH¢15.60. LPG has been reduced slightly to GH¢10.85 per kilogramme.

Oil marketing companies are expected to begin adjusting their pump prices from September 1, although the final prices may vary among retailers.

Tags: Fuel prices
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