Petrol tipped to fall 8.23%, but LPG faces 21% jump – COMAC
Petrol prices could fall by up to 8.23% from November 16, 2026, while diesel prices are also expected to decline, according to the Chamber of Oil Marketing Companies (COMAC).
The Chamber of Oil Marketing Companies (COMAC) anticipates a 8.23% decrease in petrol prices and a 21% rise in LPG prices for the second pricing window of November 2026. Diesel prices are also expected to decline. Lower international refined-product prices, reduced geopolitical risks, and easing of the Middle East tensions are the main reasons behind the anticipated price reductions in petrol and diesel.
Although LPG prices fell by 6.42% internationally, domestic prices are projected to increase as earlier increases under the tender arrangement have not yet fully taken effect. The depreciation of the cedi has also limited exchange-rate pressure on fuel prices. The National Petroleum Authority (NPA) sets minimum price floors for petrol and diesel, which are not final retail prices and exclude additional charges by oil marketers.
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Also reported by 2 other outlets
- Petrol tipped to fall 8.23%, but LPG faces 21% jump – COMAC myjoyonline.com
- Petrol tipped to fall 8.23%, but LPG faces 21% jump – COMAC adomonline.com
