Fuel prices begin to fall as Star Oil cuts petrol to GH¢16.45
Some oil marketing companies (OMCs) have begun reducing fuel prices at the pumps as the second pricing window for October takes effect. Star Oil reduced its petrol price from GH¢16.64 to GH¢16.45 per litre, effective 8am on Friday, October 16, 2026. Other OMCs have told JoyBusiness they intend to review their prices, although some say […]
Fuel prices in Ghana are beginning to fall as Star Oil has reduced its petrol price to GH¢16.45 per litre, effective October 16, 2026. Other oil marketing companies (OMCs) are expected to review their prices, although some will monitor competitors before making adjustments. The National Petroleum Authority's minimum price requirements, including a petrol floor of GH¢16.09 per litre and a LPG floor of GH¢13.87 per kilogramme, will also influence the final pump prices.
While motorists may benefit from lower petrol and diesel prices, LPG users face a projected increase of over 18%. The price changes are attributed to factors such as international market developments, exchange-rate pressures, the depreciation of the cedi, and recent government interventions.
Brief written by urgent.news from Adom Online's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Fuel prices begin to fall as Star Oil cuts petrol to GH¢16.45 myjoyonline.com
