Ghanaian motorists and households should brace for higher petroleum prices starting Tuesday, September 16, 2025, according to the latest outlook report by the Chamber of Oil Marketing Companies (COMAC), which guides pricing decisions for oil marketing firms.
The report projects that petrol prices will increase by 3.66% to 5.86%, bringing the pump price to around GHS 14.17 per litre. Diesel could rise between 2.12% and 4.32%, potentially retailing at GHS 14.67 per litre, while Liquefied Petroleum Gas (LPG) may go up by 2.23% to 4.23%, pushing the price to about GHS 14 per kilogram.
COMAC attributed the anticipated hikes mainly to the recent depreciation of the Ghana cedi against the US dollar, which fell from GHS 11.20 to GHS 12.07 during the review period, representing a 7.76% drop. This brings the currency’s year-to-date loss to 14.02%, one of the steepest globally, according to Bloomberg.
“The decline is primarily due to strong demand for the dollar for imports ahead of the festive season,” COMAC explained.
On the international market, prices of finished petroleum products have been falling, with petrol down 2.52%, diesel 4.12%, and LPG 2.69%. However, the cedi’s depreciation has outweighed these declines, making domestic price increases inevitable.
Source: MyJoyOnline
