Petrol to hit GH¢16.26, diesel GH¢19.07 from Wednesday – COPEC
The Chamber of Petroleum Consumers (COPEC) has projected sharp increases in the prices of petrol, diesel and Liquefied Petroleum Gas (LPG) from Wednesday, 16 September, the start of the second pricing window for the month. COPEC expects petrol to rise by 4.24% to about GH¢16.26 per litre, while diesel could climb by 10.23% to roughly […]
The Chamber of Petroleum Consumers (COPEC) has projected significant price increases for petrol, diesel, and Liquefied Petroleum Gas (LPG) starting from September 16, 2026. Petrol is expected to rise by 4.24%, reaching approximately GH¢16.26 per litre, while diesel could climb by a more substantial 10.23%, potentially reaching GH¢19.07 per litre.
LPG will also see an increase, with a projected price of GH¢15.32 per kilogramme. The projected hikes are largely due to a sharp increase in international crude oil and refined petroleum product prices, which outweighed a slight gain by the cedi. Global crude oil prices have risen from US$89.30 to US$103.07 per barrel, while the cedi's value has increased marginally from GH¢11.5166 to GH¢11.4830 per US$.
COPEC calculates that these changes will result in a 4.24% increase for petrol and a 10.23% increase for diesel, compared to the current mean prices of GH¢15.60 and GH¢17.30 respectively.
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