Petrol, Diesel Prices Set to Rise in Ghana from September 1
Motorists in Ghana are expected to pay more for petrol and diesel from today, September 1, 2026, as the country enters the first petroleum pricing window of the month.
According to the latest outlook from the Chamber of Oil Marketing Companies (COMAC), petrol prices are projected to increase by about 4.8 percent, while diesel could rise by approximately 2.1 percent.
COMAC projects that the average retail price of petrol could reach approximately GH¢16.39 per litre, with diesel expected to sell at around GH¢17.60 per litre during the September 1–16 pricing window.
The National Petroleum Authority has also revised its mandatory price floors for the period. The minimum price for petrol has increased from GH¢13.92 to GH¢14.53 per litre, representing a 4.38 percent rise.
Diesel’s price floor has also moved from GH¢15.19 to GH¢15.60 per litre, an increase of approximately 2.69 percent.
The price floor is not necessarily the final amount motorists will pay at filling stations. Individual Oil Marketing Companies determine their pump prices after adding applicable premiums, operating costs, dealer margins and other components permitted under the petroleum pricing formula.
Consequently, actual pump prices are expected to differ from one fuel station to another.
LPG Expected to Provide Some Relief
While petrol and diesel prices are heading upward, Liquefied Petroleum Gas consumers could receive some relief.
COMAC projects LPG prices to fall marginally to approximately GH¢13.73 per kilogramme, while the NPA has reduced the LPG price floor from GH¢10.98 to GH¢10.85 per kilogramme.
Rising International Prices Drive Increase
COMAC attributes the expected increases largely to movements in international petroleum prices.
Average crude oil prices reportedly increased by about 1.75 percent, from US$90.53 to US$92.11 per barrel. International petrol prices rose by approximately 8.86 percent, while diesel increased by about 5.51 percent.
The increases come despite an appreciation of the Ghanaian cedi against the US dollar during the pricing period.
The stronger cedi helped moderate the impact, but according to industry projections, the currency gains were not sufficient to completely offset the rise in international petroleum product prices.
Government Extends Diesel Relief
Government has meanwhile extended its GH¢2 per litre reduction in the regulatory margin on diesel into the new September pricing window.
The intervention was initially expected to expire at the end of August but has been extended to help cushion consumers from potentially higher diesel prices.
The move is particularly significant because diesel prices directly affect transportation, agriculture, construction and the movement of goods across the country.
Consumer groups have nevertheless called for additional intervention for petrol users.
COPEC has urged government to consider a further reduction of approximately 30 to 40 pesewas per litre on petrol, while COMAC has also advocated additional relief for petrol consumers.
Different Projections
The Chamber of Petroleum Consumers has offered a slightly different projection from COMAC.
COPEC estimates petrol could average approximately GH¢16.21 per litre and diesel around GH¢17.61 per litre from September 1.
The variations underline that these are industry projections rather than fixed nationwide pump prices.
Motorists are therefore advised to expect different prices across various Oil Marketing Companies as stations begin adjusting their pumps during the September 1–16 pricing window.
Nsem GH will continue to monitor the major fuel stations and provide updates on the actual pump prices announced by leading OMCs.
I can also turn this into a more powerful Nsem GH breaking-news version with a headline such as “Fuel Prices Shoot Up Again as Petrol Hits GH¢16.39” for Facebook and your website.
