Fuel Prices: Star Oil holds petrol at GH¢14.97, raises diesel to GH¢16.97
Some Oil Marketing Companies (OMCs) have begun reviewing fuel prices at the pumps from Tuesday, September 1, 2026, with Star Oil leading the latest adjustments.
Fuel price adjustments began on Tuesday, September 1, 2026, with Star Oil maintaining petrol prices at GH¢14.97 per litre, while raising diesel prices to GH¢16.97 per litre. Other Oil Marketing Companies (OMCs) are anticipated to follow suit throughout the day. Of the approximately 200 OMCs operating in Ghana, each company will adopt a distinct strategy regarding price adjustments.
The Chamber of Oil Marketing Companies (COMAC) cited rising crude oil prices and increased costs of refined petroleum products on the global market as the driving forces behind these price changes. Crude oil prices surged by 1.75%, escalating from US$90.53 to US$92.11 per barrel, while fuel prices for petrol rose by 8.86%, diesel by 5.51%, and LPG increased by 3.31%.
Despite the Ghanaian cedi appreciating against the US dollar by 3.64% to GH¢11.3697, international crude and refined product price hikes are projected to exert upward pressure on fuel prices. The government's intervention, whereby it has maintained a GH¢2-per-litre reduction in the diesel regulatory margin for the initial September pricing window, may have kept diesel prices lower than they otherwise would have been.
Written by urgent.news from Joy Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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