Ghana is expected to see a second consecutive rise in fuel prices at the pumps from 1 August 2025, according to the Chamber of Oil Marketing Companies (COMAC), despite earlier declines in global oil markets.
The Chamber of Oil Marketing Companies (COMAC) has projected in an article released on July 31 2025, on fresh changes to fuel prices effective 1 August 2025, marking the second straight upward adjustment since the implementation of the Energy Sector Recovery Levy last month.
COMAC estimates that petrol prices will increase by between 0.47% and 2.80% at the pump. However, prices of diesel and Liquefied Petroleum Gas (LPG) are expected to see marginal declines, with diesel set to drop by 0.11% to 0.29% and LPG by 0.21% to 0.87%.
This comes after a period of eight successive price reductions, which ended on 16 July 2025 when the government introduced the Energy Sector Recovery Levy—adding one cedi to the fuel price build-up.
The levy, aimed at addressing the country’s escalating power sector debt, led to modest increases at the time, as falling global oil prices helped cushion consumers.
The upcoming adjustment suggests a tightening market outlook, despite some relief in specific fuel categories.
