Fuel prices in Ghana have risen again, with petrol now selling at GH¢13.38 per litre and diesel at GH¢14.20.

GOIL, one of the country’s largest Oil Marketing Companies, has led the charge in adjusting pump prices after a week of relative stability across the sector.

This marks an increase from GH¢12.99 for petrol and GH¢13.90 for diesel recorded on September 2, 2025.

GOIL’s move comes amid earlier projections from the Chamber of Oil Marketing Companies (COMAC), which anticipated a 6% rise in fuel prices from mid-September.

While other OMCs have yet to follow suit, industry observers are watching closely to see if this adjustment will ripple across the more than 200 companies nationwide.



The primary reason for the hike is the continued depreciation of the Ghanaian cedi against the US dollar.

During the review period, the cedi fell from GH¢11.20 to GH¢12.07, a 7.76% drop that brings its total loss for the year to 14.02%.

COMAC attributes this decline to increased demand for dollars, especially as importers prepare for the festive season.

Also, global prices for crude oil and refined petroleum products have actually decreased, with petrol down by 2.52%, diesel by 4.12%, and LPG by 2.69%.

However, the weakening cedi has offset these declines, making local price increases unavoidable.

COMAC had projected that petrol could rise to around GH¢14.17 per litre, diesel to GH¢14.67, and LPG to GH¢14 per kilogram.

With GOIL setting the pace, consumers may need to brace for further adjustments in the days ahead.

SA

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