Business News of Saturday, 30 August 2025

Source: www.ghanaweb.com

How much fuel prices are expected to rise on September 1

The latest pricing outlook report by the Chamber of Oil Marketing Companies (COMAC) projects that petroleum product prices at the pumps will increase from Monday, September 1, 2025, by margins of 3% to 5% per litre for the first pricing window of September.

According to the report, petrol prices are expected to rise between 3.86% and 5.40% per litre, pushing the average pump price to about GH¢13.67. Diesel is projected to increase by 3.39% per litre to approximately GH¢14.35, while Liquefied Petroleum Gas (LPG) is expected to climb by up to 4.57% per kilogram.

COMAC attributed the upward adjustment primarily to the depreciation of the Ghana cedi against the US dollar.

The currency weakened from GH¢10.71 to GH¢11.20 over the past month, representing a 3.98% depreciation, the sharpest since the start of the year.

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The chamber noted that despite declines in international petroleum prices, petrol by 0.45%, diesel by 3.73%, and LPG by 1.73%, the impact of the cedi’s depreciation outweighed these global price movements.

Supply shortfalls and levies add pressure

Industry players also pointed to supply challenges earlier this month, particularly with petrol, which forced some oil marketing companies to increase prices mid-cycle in August.



SP/MA

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