Business News of Monday, 18 August 2025

Source: www.ghanaweb.com

See prices of fuel at the pumps as of August 18

Fuel prices remain unchanged Fuel prices remain unchanged

Fuel prices at some major fuel pumps have remained unchanged despite the projected increases for the second pricing window of August 2025.

The Chamber of Oil Marketing Companies (COMAC) had earlier projected that fuel prices would increase during the second pricing window of August 2025.

Fuel prices to rise slightly in second pricing window of August – COMAC

In a statement sighted by GhanaWeb Business, COMAC estimated that petrol prices at the pumps would rise between 0.39% and 2.71%, while LPG was projected to increase by 0.15% to 2.34%.

In contrast, diesel prices were expected to decline by 0.21% to 0.72% starting August 16.

See the current prices at the pumps as of August 18, 2025:

StarOil: Petrol – GH¢11.97, Diesel – GH¢13.97

GOIL: Petrol – GH¢12.88, Diesel – GH¢14.38

Zen: Petrol – GH¢11.99, Diesel – GH¢13.99

TotalEnergies: Petrol – GH¢12.89, Diesel – GH¢14.33

Shell: Petrol – GH¢14.33

The changes are attributed to fluctuations in global petroleum prices, a slight depreciation of the cedi against the US dollar, and varying supply and demand levels for each product.

COMAC explained that global diesel prices fell sharply by 5.22%, following a modest drop in crude oil prices. Meanwhile, petrol and LPG recorded increases of 1.89% and 2.87%, respectively.

For the first pricing window in August, based on average exchange rates from July 27 to August 12, the cedi weakened from GH¢10.68 to GH¢10.77 per dollar, representing a 0.87% depreciation.

SSD/MA