{
  "id": 14498751,
  "title": "Petrol/Diesel prices to drop as LPG costs surge in October pricing window",
  "url": "https://urgent.news/2026/10/14/petrol-diesel-prices-to-drop-as-lpg-costs-surge-in-october-pricing",
  "topic": "world",
  "section": "World",
  "published": "2026-10-14T17:18:18.000Z",
  "source": {
    "name": "GBC Ghana",
    "slug": "gbc-ghana",
    "url": "https://www.gbcghanaonline.com/news/petrol-diesel-prices-to-drop-as-lpg-costs-surge-in-october-pricing-window/2026/"
  },
  "original_language": "en",
  "account": "Ghanaian motorists could see lower petrol and diesel prices from October 16, 2026, according to the Chamber of Oil Marketing Companies (COMAC). The organization forecasts a 1.67% decrease in petrol prices and a 3.32% reduction in diesel prices during the second pricing window of October. Under these projections, petrol will be priced at GH¢17.67 per litre, and diesel at GH¢19.30 per litre. Although these reductions may offer some relief, actual pump prices may vary among oil marketing companies due to their operating costs and profit margins.\n\nIn contrast, LPG prices are expected to surge by 18.50% during the same period, potentially increasing cooking costs for households, restaurants, and other businesses reliant on LPG. COMAC predicts that LPG will be sold at GH¢20.60 per kilogramme on a cash-purchase basis.\n\nThe projected changes in fuel prices stem from mixed movements in international refined petroleum product prices. LPG prices rose by 7.77%, while diesel and petrol prices declined by 6.68% and 3.93%, respectively. However, this relief may be diminished by the cedi's depreciation against the US dollar, which has fallen by 1.61% against the dollar in the past week alone. A weaker cedi increases the cost of purchasing fuel in dollars, as Ghana imports refined petroleum products.\n\nThe National Petroleum Authority (NPA) has set minimum fuel prices for the second pricing window of October. Petrol's minimum price will drop to GH¢16.09 per litre, while diesel's minimum price will fall to GH¢17.09 per litre. However, LPG's minimum price will increase, rising from GH¢11.10 to GH¢13.87 per kilogramme. These minimum prices, set under the Petroleum Product Pricing Guidelines, aim to ensure that oil marketing companies and LPG marketing companies comply with the minimum selling prices.",
  "summary": "By Ashiadey Dotse The Chamber of Oil Marketing Companies has revealed that motorists in Ghana may pay less for petrol and diesel from October 16, 2026, while households and businesses that use Liquefied Petroleum Gas (LPG) could face higher costs. The Chamber of Oil Marketing Companies (COMAC) projects a 1.67% reduction in petrol prices and […]",
  "key_points": [],
  "editors_take": null,
  "illustration": "https://urgent.news/ill/14498751.png",
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "People Daily Kenya",
        "title": "Fuel prices update: Who controls petrol and diesel prices in Kenya? EPRA’s powers explained",
        "url": "https://urgent.news/2026/10/14/fuel-prices-update-who-controls-petrol-and-diesel-prices-in-kenya",
        "published": "2026-10-14T13:08:11.000Z"
      },
      {
        "outlet": "KahawaTungu",
        "title": "Fuel Prices Surge: Petrol Up Sh12, Diesel Sh9 and Kerosene Sh28",
        "url": "https://urgent.news/2026/10/14/fuel-prices-surge-petrol-up-sh12-diesel-sh9-and-kerosene-sh28",
        "published": "2026-10-14T15:37:32.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}