Fuel prices set to rise again from Sept 1; petrol could hit GH¢16.21 – COPEC
Petroleum prices at the pumps are expected to rise marginally from Tuesday, September 1, 2026, according to the Chamber of Petroleum Consumers Ghana (COPEC).
From September 1, 2026, the Chamber of Petroleum Consumers Ghana (COPEC) anticipates a slight increase in fuel prices at the pumps across the nation. This projected rise will impact petrol, diesel, and liquefied petroleum gas (LPG). The adjustments are primarily attributed to fluctuations in international petroleum prices, despite the Ghana cedi's recent strengthening against the US dollar.
Although global crude oil prices have dropped slightly from $90.41 to $89.30 per barrel, and the cedi has appreciated by approximately 2.39%, COPEC expects the Free-On-Board (FOB) prices of refined petroleum products to drive up the pump prices. Petrol is forecasted to cost around GH¢16.21 per litre, indicating a potential 5% increase from the current average price of GH¢15.43.
Diesel is projected to rise to approximately GH¢17.61 per litre, a 2.58% increase from the present mean price of GH¢17.17. LPG is also expected to see a marginal price hike, with COPEC estimating a cost of about GH¢14.19 per kilogramme. Consequently, motorists and LPG consumers could experience higher expenses at the pumps starting from September, depending on the pricing set by individual oil marketing companies.
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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