The Chamber of Bulk Oil Distributors (CBOD) has clarified concerns over Ghana's fuel pricing policy, stating that there are no plans to replace the existing bi-weekly price adjustment system with daily reviews.

Chief Executive Officer of the Chamber, Dr. Patrick Kwaku Ofori, said recent speculation about a possible shift to daily fuel price adjustments does not reflect any decision by regulators or industry players.

His comments follow growing concerns among consumers that volatility in international petroleum markets could lead to changes in the way fuel prices are adjusted at the pump.

Speaking on the Citi Breakfast Show on Monday, August 3, 2026, Dr Ofori explained that Ghana's petroleum pricing framework continues to operate on a two-week cycle, which guides price reviews across the sector.

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He noted that Bulk Distribution Companies (BDCs) are not responsible for determining the country's fuel pricing window, as the system is established under the regulatory framework governing petroleum pricing.

"It is not absolutely correct because of the pricing window that we have. It is not the BDCs that determine what pricing window the nation should adopt," he stated.

Dr Ofori added that some companies within the petroleum supply chain may adopt flexible pricing arrangements in their private commercial transactions to protect themselves against sharp fluctuations in global oil prices.

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However, he stressed that these commercial strategies are intended solely to manage business risks and do not constitute a change in the national fuel pricing policy.

He assured consumers that they should not expect daily fuel price adjustments, as the current bi-weekly review mechanism remains the framework guiding fuel pricing in Ghana.

DR/MA