The price of petroleum products is set to go up by some significant margin per litre from Monday, September 1, 2025.
This is based on the outlook report that guides the pricing of the Oil Marketing Companies (OMCs) in the country by the Chamber of Oil Marketing Companies (COMAC).
Based on the report, the price of petrol at the pumps is projected to increase by 3.86 – 5.40% per litre from September 1, 2025.
This could result in a litre of petrol going for GH¢13.67.
LPG will be increased by up to 4.57% per kilogramme.
Diesel, on the other hand, could be up by 3.39% per litre, and this may result in a litre going for GH¢14.35.
According to the COMAC, the hike has been influenced by the cedi experiencing some substantial depreciation against the US dollar over the past month.
The rate shifted from GH¢10.71 to GH¢11.20, reflecting 3.98 per cent, the “highest since the start of this year”.
The Chamber of Oil Marketing Companies, however, in the report revealed that crude oil on the international market has been dropping; the price of petrol was down by 0.45%, diesel by 3.73%, and LPG by 1.73%.
Some of the industry players have argued that the recent 1 cedi levy on some petroleum products may have also contributed to the margin of increase.
Cedi’s depreciation and supply challenges
The Chamber in the report argued that despite the reduction in international petroleum prices, the increment was “due to depreciation of the cedi against the dollar.”
Additionally, the recurring shortfall in supply of finished petroleum products, particularly petrol from earlier this month, also accounted for the increase in prices.
Last week, the market was hit with some supply challenges, especially with regard to petrol.
That actually forced some of the oil marketing companies to increase their prices from the middle of August 2025, when prices should have been kept unchanged.
