BY Grace Zigah
Some Oil Marketing Companies (OMCs) have adjusted fuel prices in line with industry projections.
At Goil, petrol is now selling at GH¢12.90 per litre, up from GH¢12.88, while diesel has been reduced from GH¢14.30 to GH¢13.90.
Shell has also adjusted its prices, with petrol selling at GH¢13.59 per litre compared to the previous GH¢12.89.
Price Changes Across OMCs
– Goil: Petrol GH¢12.90 per litre (up from GH¢12.88), Diesel GH¢13.90 (down from GH¢14.30)
– Shell: Petrol GH¢13.59 per litre (up from GH¢12.89)
– Star Oil: No price change until September 15, 2025; Petrol GH¢12.77 per litre, Diesel GH¢13.35
Reasons For Adjustments
The Chamber of Oil Marketing Companies (COMC) attributes the price increases to the cedi’s depreciation against the US dollar, which has dropped by 3.98% in the past month.
Although crude oil prices have been falling globally, the COMC notes that the cedi’s depreciation and recurring shortfalls in petrol supply have forced prices upward.
A one-cedi levy on petroleum products has also contributed to the increase.
Industry Projections
The COMC had projected petrol prices to rise between 3.86% and 5.40% per litre from September 1, 2025, with a possible increase to GH¢13.67 per litre.
LPG was expected to go up by as much as 4.57% per kilogram, while diesel was projected to rise by 3.39%, potentially pushing the price to GH¢14.35 per litre.
