Ghanaian fuel consumers are facing mixed changes at the pumps starting August 1, 2025. According to the Chamber of Oil Marketing Companies (COMAC), petrol prices have gone up slightly, while diesel and LPG prices have seen small reductions. This adjustment follows recent global market trends and the strengthening of the Ghanaian cedi.

New Price Changes

Here’s what you need to know about the fuel price changes in the latest pricing window:

Petrol has increased by 0.47%, now selling at an average of GH¢2.80 per litre.

Diesel has dropped by 0.29% per litre.

LPG (Liquefied Petroleum Gas) has also dropped by 0.29% per kilogram.

These changes are expected to remain in place throughout the first pricing window of August 2025.

What Caused the Price Changes?

The price adjustments are a result of two main factors:

Global Oil Market Prices

International prices for petrol rose by about 0.43%.

Diesel and LPG prices fell by 1.22% and 1.80%, respectively.

Strong Performance of the Ghana Cedi

The Ghanaian cedi has strengthened significantly in recent weeks, appreciating by nearly 30%. This has helped offset higher international prices and reduced import costs.

No new taxes or levies were introduced during this pricing window, although the GH¢1 per litre Energy Sector Levy introduced in July is still in effect.

How This Affects You

Petrol Users: Expect slightly higher costs at the pump.

Diesel Users: Benefit from reduced transport and logistics costs.

LPG Users: Enjoy small savings on cooking gas.

While the changes may seem small, they can impact daily expenses over time, especially for frequent drivers or households relying on LPG.

Recent Price Trends

Since January 2025, fuel prices in Ghana have dropped significantly:

Petrol fell by about 29%

Diesel declined by 15.5%

LPG reduced by 18.7%

This is the first slight increase in petrol prices in several months, while diesel and LPG continue on a downward trend.

Conclusion

Fuel prices in Ghana remain highly responsive to international market changes and the performance of the local currency. The rise in petrol prices is something motorists should note, even as diesel and LPG users get a bit of relief.

Keep following this blog for regular updates on fuel prices and how they affect transportation, household spending, and business operations in Ghana.