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OMCs commence fuel price reviews; Star Oil sells petrol at GH¢14.97, diesel kept at GH¢16.97

But some of the OMCs have told Joy Business that even though a decision has not been taken on prices that does not mean they will not review prices later in the day.

OMCs commence fuel price reviews; Star Oil sells petrol at GH¢14.97, diesel kept at GH¢16.97

Oil Marketing Companies (OMCs) have begun reviewing fuel prices at gas stations across the country, with Star Oil leading the change. The company has lowered the price of petrol from GH¢15.49 per litre to GH¢14.97 per litre, while diesel remains at GH¢16.97 per litre. However, some OMCs have stated that they may yet adjust prices later in the day, despite no formal decision having been made.

Among the OMCs, GOIL, Total Energies, and Star Oil have not yet revised their prices. Despite this, it is expected that many of the companies will continue to price their products higher than the National Petroleum Authority's Price Floor for the second pricing window, which is set for August 16 to 31, 2026. The Authority has established a minimum price of GH¢13.92 for petrol and GH¢15.19 for diesel during this period.

Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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