COPEC predicts rise in fuel, LPG prices from October 1
Petroleum consumers are set to face higher prices at the pumps from Thursday, October 1, 2026, with diesel expected to record the biggest increase, according to the Chamber of Petroleum Consumers (COPEC). COPEC projects petrol to rise by 5.21% to an average of GH¢17.78 per litre, while diesel is expected to increase by 22.91% to […]
From October 1, 2026, consumers in Ghana will likely face higher fuel prices, according to the Chamber of Petroleum Consumers (COPEC). Diesel is expected to see the largest jump, with petrol and Liquefied Petroleum Gas (LPG) also increasing. COPEC attributes the projected price hikes primarily to a significant rise in international crude oil prices and a depreciation of the cedi against the US dollar.
The projected increases are significant: diesel is expected to rise by 22.91% to GH¢22.42 per litre, petrol by 5.21% to GH¢17.78 per litre, and LPG by 9.10% to GH¢15.68 per kilogramme. The Chamber urges the government to expand the Tema Oil Refinery to reduce Ghana's reliance on imported finished petroleum products and for OMCs to consider reducing their margins to help cushion consumers from the anticipated price hikes.
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