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) predicts a significant 8.23% decrease in petrol prices, with diesel prices also expected to decline. However, LPG prices are anticipated to rise by 21.10%, according to projections for the second pricing window of November 2026. The reductions in petrol and diesel prices are attributed to falling international refined-product prices, as well as a slowdown in the cedi's depreciation.
Despite the projected LPG price increase, actual retail prices will depend on individual marketing companies' decisions. Some oil marketing companies have already initiated price reductions ahead of the November 16 window, but it remains uncertain if further adjustments will be made. Minimum price floors set by the National Petroleum Authority (NPA) stand at GH¢13.69 per litre for petrol and GH¢16.73 per litre for diesel, which are not final retail prices.
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- Petrol tipped to fall 8.23%, but LPG faces 21% jump – COMAC myjoyonline.com
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