BY Issah Olegor
Ghanaian motorists and households are bracing for a fresh wave of fuel price increases starting Saturday, November 16, 2025, as the Chamber of Petroleum Consumers (COPEC) warns of impending hikes in petrol, diesel, and liquefied petroleum gas (LPG).
In a statement released Thursday, COPEC’s Executive Secretary, Duncan Amoah, cited persistent upward pressure from rising global crude oil prices and the continued depreciation of the Ghanaian cedi as key drivers of the adjustments.
Petrol prices, COPEC projected, could rise by approximately 3.38%, moving from an average of GHS12.18 per litre to GHS12.59 per litre. Diesel, meanwhile, is expected to see a sharper surge of nearly 10%, climbing from GHS12.49 to GHS13.71 per litre.
LPG consumers are not spared, with the commodity anticipated to increase by 1.97%, reaching GHS11.87 per kilogram.
COPEC emphasized that these figures are indicative and that slight variations may occur across different pumps, likely within a five percent margin.
The organization further urged Oil Marketing Companies (OMCs) to consider measures to alleviate the financial burden on end-users.
“We appeal to OMCs to absorb part of the increases to avoid burdening consumers with steep hikes,” Amoah stated.
Fuel price volatility in Ghana is not new. Over the past decade, prices at the pumps have fluctuated sharply in response to global oil market dynamics, foreign exchange instability, and local policy interventions.
Previous spikes have often triggered public outcry, protests, and calls for government subsidies or price stabilization measures. Analysts warn that continued increases could exacerbate inflationary pressures, affecting transportation costs, food prices, and overall cost of living.
The last significant adjustment came in mid-2024, when petrol prices jumped by over 5% following a surge in international crude oil prices amid geopolitical tensions in the Middle East. Diesel and LPG followed similar trends, compounding the economic strain for households and businesses reliant on these fuels.
COPEC’s latest warning comes at a time when the cedi has weakened against major foreign currencies, further amplifying import costs for petroleum products. Stakeholders are watching closely to see how the government and OMCs will respond to mitigate the impact on consumers.
