The Chamber of Petroleum Consumers Ghana (COPEC) has projected a marginal increase in fuel prices from tomorrow, Tuesday, September 1, 2026.
The Chamber says petrol, diesel and Liquefied Petroleum Gas (LPG) will all be affected by the upward adjustment.
The increase, according to COPEC, is due to rising Free-On-Board (FOB) prices of refined products on the international market, despite the cedi appreciating against the dollar and crude prices dropping.
It says crude oil on the world market fell marginally from $90.41 to $89.30 per barrel within the pricing window.
At the same time, the cedi appreciated by about 2.39%, with the average interbank rate moving from GH¢11.800 to GH¢11.5166 to the dollar.
But despite the cedi gains and the drop in crude prices, FOB prices of finished products went up, which will reflect at the pumps.
Per COPEC’s projection, petrol is likely to sell at GH¢16.21 per litre, up from the current average of GH¢15.43, representing about 5% increase.
Diesel is expected to go up to GH¢17.61 per litre from the current average of GH¢17.17 per litre, a rise of about 2.58%.
LPG is also expected to see a slight increase to about GH¢14.19 per kilogramme. This means from tomorrow, consumers will pay more for fuel and LPG, depending on the prices set by the various Oil Marketing Companies.
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