Star Oil has announced a reduction in its fuel prices following President John Dramani Mahama’s directive for a temporary GH¢2 reduction in the regulatory margin on diesel.
The company’s Chief Executive Officer, Kwame Tieku, announced in a Facebook post that the new prices will take effect from 2pm today.
Under the revised pricing, Star Oil will sell:
- Super: GH¢14.53 per litre
- Diesel: GH¢16.97 per litre
The adjustment follows President Mahama’s directive aimed at cushioning consumers against rising fuel prices and reducing the impact of the rising cost of living.
The Presidency announced the intervention on Monday, August 3, following a Cabinet decision. It builds on a similar measure introduced in April 2026.
According to a statement signed by the Spokesperson to the President and Minister for Government Communications, Felix Kwakye Ofosu, the regulatory margin on diesel will be reduced by GH¢2 per litre for one month.
“His Excellency the President has directed that in line with the decision of Cabinet and the successful intervention implemented in April 2026, the regulatory margin on diesel be reduced by GH¢2.00 per litre for one (1) month,” the statement said.
