Ghana is set to face a significant rise in fuel prices starting from April 1, 2026.

Petrol and diesel prices are expected to increase by 15% at filling stations across the country.

This expected hike is a direct result of the recent surge in global petroleum prices and the slight depreciation of the Ghanaian cedi against the US dollar.

According to Benjamin Nsiah, the Executive Director of the Centre for Environmental Management and Sustainable Energy (CEMSE), the increase in fuel prices is largely driven by international market factors.

Petrol prices have seen an increase of around 26%, while diesel prices have jumped by 27% in recent months. Unfortunately, these rising global prices have been compounded by the cedi’s 1% depreciation against the dollar, making imports more expensive for Ghana.

“Ex-pump prices of petrol and diesel are expected to rise by 15% on 1st April, 2026 at filling stations across Ghana. This is primarily due to the increment in petroleum prices on the international market and the slight depreciation of the cedi against the dollar,” said Nsiah.

The global oil market has been under pressure, with increased demand and limited supply leading to rising oil prices. These global fluctuations have had a ripple effect on countries like Ghana, which rely on imports to meet their fuel needs.

As a result, the price of petrol and diesel at the pump will likely see a sharp increase, putting additional strain on consumers and businesses.

Transport costs are expected to rise, and the cost of living may continue to escalate, especially in urban areas where fuel consumption is high.