The price of petroleum products is expected to increase by a significant margin per liter from Monday, September 1, 2025. This is based on the outlook report that guides the pricing of Oil Marketing Companies (OMCs) in the country by the Chamber of Oil Marketing Companies (COMAC).
Projected Prices at Pumps
According to the report, the price of petrol at the pumps is projected to increase by 3.86% to 5.40% per liter from September 1, 2025, potentially resulting in a liter of petrol costing GHS 13.67. LPG is expected to increase by up to 4.57% per kilogram, while diesel may go up by 3.39% per liter, potentially costing GHS 14.35.
The COMAC attributes the price hike to the cedi’s substantial depreciation against the US dollar over the past month, with the rate shifting from GHS 10.71 to GHS 11.20, reflecting a 3.98% change, the highest since the start of the year.
Interestingly, despite the reduction in international petroleum prices, with petrol down by 0.45%, diesel by 3.73%, and LPG by 1.73%, the Chamber argues that the increment is due to the cedi’s depreciation and recurring supply challenges. The shortfall in petrol supply earlier this month also contributed to the price increase.
Industry players have also pointed out that the recent 1 cedi levy on some petroleum products may have contributed to the margin of increase.
