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Ghanaian press · Organization

Chamber of Oil Marketing Companies

Also known as: the Chamber · Digital Chamber of Ghana · DCG · the Digital Chamber

Chamber of Oil Marketing Companies — industry body that forecasts petroleum product prices and coordinates member oil marketing company operations in Ghana.

2026-04-292026-09-13

In coverage

Verbatim sentences from the source article.

  1. May 2026
  2. Joy Online

    This is based on the price outlook of the various products released by the Chamber of Oil Marketing Companies(COMAC) on May 29, 2026, and sighted by Joy Business.

    Petrol, LPG prices set to go up, but diesel to decline from June 1
  3. Joy Online

    The Chamber of Oil Marketing Companies, led by its Chief Executive Officer, Dr. Riverson Oppong, paid a courtesy call on the Minister for Fisheries and Aquaculture, Emelia Arthur, to discuss growing concerns over the diversion, hoarding, and misuse of subsidized premix fuel.

    Fisheries Ministry intensify efforts to protect premix fuel subsidy
  4. Joy Online

    That is according to the pricing outlook released today, May 15, by the Chamber of Oil Marketing Companies and seen by JOY BUSINESS.

    Fuel prices go up significantly from May 16 despite extension of government intervention
  5. Joy Online

    stream Petroleum Value Chain,” brought together the Chief Executive of the National Petroleum Authority (NPA), chief executives of key industry players, representatives of security agencies, the Ghana Chamber of Bulk Oil Distributors (CBOD), the Chamber of Oil Marketing Companies

    JP Trustees launches phase two of 24-hour economy pilot programme in Ghana’s petroleum downstream sector
  6. Joy Online

    This is according to the Chief Executive Officer of the Chamber of Oil Marketing Companies, Dr Riverson Oppong.

    Fuel prices set to rise from May 16 despite possible extension of gov’t intervention
  7. Joy Online

    According to the statement, the Chamber of Oil Marketing Companies has recommended the use of real-time fuel tracking systems, including Automatic Tank Gauging technology, routine stock reconciliation and stricter monitoring of depot and refinery movements.

    IERPP raises alarm over GH¢600m fuel tax losses, demands tougher enforcement
  8. Joy Online

    Reasons for the reduction Data from the Chamber of Oil Marketing Companies shows petrol could drop by up to 0.51% per litre.

    OMCs begin fuel price cuts as Star Oil and Goil sell petrol at GH¢13.25
  9. April 2026
  10. Joy Online

    Data from the Chamber of Oil Marketing Companies shows petrol could drop by up to 0.51% per litre.

    Fuel prices dip from May 1 as diesel drops sharply, LPG set to surge
Business

Tanker drivers suspend strike, demand road repairs within month

The News

Ghana's petroleum tanker drivers union has suspended a sit-down strike after two days, giving government one month to fix deteriorating roads serving key petroleum depots, citing safety risks and dangerous conditions on critical routes including Tema to Kpone and depot enclaves in Takoradi and Buipe.

3 September 2026 · Joy Online

Thursday 3 September

  1. Tanker drivers suspend strike, demand road repairs within month

    Ghana's petroleum tanker drivers union has suspended a sit-down strike after two days, giving government one month to fix deteriorating roads serving key petroleum depots, citing safety risks and dangerous conditions on critical routes including Tema to Kpone and depot enclaves in Takoradi and Buipe.

    3 September 2026 · Joy Online

Wednesday 2 September

  1. GOIL holds fuel prices steady despite market pressure

    Market leader GOIL kept petrol at GH¢15.43 per litre and diesel at GH¢17.26 per litre unchanged for the latest pricing window, defying industry projections of an increase. The decision's rationale is unclear, though it may be influenced by competition or government efforts to prevent transport fare increases.

    2 September 2026 · Joy Online

Tuesday 1 September

  1. Star Oil holds petrol price, raises diesel amid crude price increases

    Star Oil held petrol at GH¢14.97 per litre but raised diesel from GH¢16.47 to GH¢16.97 per litre from Tuesday, September 1, 2026. The Chamber of Oil Marketing Companies attributed the adjustments to crude oil prices rising 1.75% to US$92.11 per barrel and finished petroleum product prices increasing internationally, despite the cedi appreciating 3.64% against the dollar.

    1 September 2026 · Joy Online

Monday 31 August

  1. Petrol, diesel prices rise from September 1, 2026

    The Chamber of Oil Marketing Companies forecasts petrol will increase 4.80% to GHC 16.39 per litre and diesel will rise 2.10% to GHC 17.60 per litre from September 1–16, 2026, driven by rising crude oil prices on the international market and higher refined petroleum product costs. LPG is expected to fall 0.93% to GHC 13.73 per kilogramme.

    31 August 2026 · Joy Online

Monday 17 August

  1. Diesel prices projected to rise, petrol and LPG to fall

    The Chamber of Oil Marketing Companies projects diesel prices will rise about 1.39 percent in August's second pricing window, while petrol and LPG are expected to fall by approximately 2.90 percent and 0.93 percent respectively, driven by international oil market developments and geopolitical tensions including US-Iran disputes.

    17 August 2026 · Daily Guide

  2. Petrol prices fall, diesel rises in mixed pump price review

    Petrol prices are expected to fall by up to 2.90% to about GH¢15.82 per litre from August 17, while diesel prices are projected to rise by 1.39% to GH¢17.73 per litre, though the Chief Executive of the Chamber of Petroleum Consumers says most Oil Marketing Companies may keep prices unchanged at the pumps.

    17 August 2026 · Joy Online

Friday 14 August

  1. Fuel prices show mixed movement at pumps from August 16

    Petrol is expected to fall 2.90% to GH¢15.82 per litre, while diesel will rise 1.39% to GH¢17.73 per litre, and LPG will drop marginally by GH¢0.93 to GH¢16.21 per kilogramme. The mixed movement reflects average crude oil prices rising 2.02% to US$90.41/bbl, geopolitical risks around the Strait of Hormuz, and a recent cedi appreciation.

    14 August 2026 · Joy Online

Tuesday 11 August

  1. Vivo Energy Ghana marks 2026 Safety Day with industry call

    Vivo Energy Ghana held its 2026 Safety Day and Awards at an Accra Shell service station, reinforcing its commitment to Health, Safety, Security, Environment and Quality. The event, themed "Prepare to Respond," brought together employees, regulators, and industry leaders to address concerns around tanker accidents and fuel siphoning in the downstream sector.

    11 August 2026 · Daily Guide

Friday 7 August

  1. Ghana's fuel market enters unusual volatility phase, COMAC says

    The CEO of the Chamber of Oil Marketing Companies says Ghana's fuel market has entered an unusually volatile phase triggered by the US-Iran conflict, forcing oil marketing companies to change prices within pricing windows in ways rarely seen before. The government has introduced a ¢2-per-litre cushioning on diesel to ease the burden on consumers and businesses.

    7 August 2026 · Joy Online

Monday 3 August

  1. GH¢2 diesel subsidy cushions consumers amid global oil volatility

    The Chief Executive of the Chamber of Oil Marketing Companies welcomed Ghana's GH¢2 per litre diesel subsidy as a timely intervention to shield consumers and operators from volatility in international crude oil prices, noting that the global petroleum market has caused sharp swings in fuel costs.

    3 August 2026 · Joy Online

  2. OMCs implement GH¢2 diesel subsidy following Mahama directive

    The Chamber of Oil Marketing Companies confirmed that member companies have begun implementing a GH¢2 per litre government subsidy on diesel, with prices adjusted from Monday evening. COMAC's CEO said the intervention would ease the burden on consumers and operators in the downstream petroleum sector.

    3 August 2026 · Joy Online

Friday 31 July

  1. Fuel prices to rise sharply from August 1 as oil and cedi weaken

    Motorists and consumers will pay more for petroleum products from August 1 as rising global crude oil prices and cedi depreciation push up ex-pump prices. According to the Chamber of Oil Marketing Companies, petrol is projected to increase by 7.58%, diesel by 12.50%, and LPG by 4.13% for the August 1–15 pricing window.

    31 July 2026 · Joy Online

Monday 27 July

  1. Fuel price hikes driven by global market costs, COMAC CEO says

    The Chief Executive Officer of the Chamber of Oil Marketing Companies says recent fuel price increases reflect rising international crude and refined product prices, not increased margins by OMCs. OMCs pass on costs from Bulk Distribution Companies to consumers and cannot continue absorbing rising costs without affecting their businesses.

    27 July 2026 · Joy Online

Monday 20 July

  1. COMAC urges government to abolish LPG taxes amid price rise concerns

    The Chamber of Oil Marketing Companies is calling on the government to remove taxes on liquefied petroleum gas, which currently account for 16 to 18 percent of retail price. The board chairman warned that geopolitical tensions are likely to trigger further price increases and argued that eliminating these taxes could boost LPG consumption by 20 to 25 percent.

    20 July 2026 · Joy Online

Friday 17 July

  1. NPA Chief urges stronger partnerships for Ghana's petroleum sector

    The National Petroleum Authority's CEO called for closer collaboration among governments, regulators and private sector players to build a resilient energy sector, citing global geopolitical tensions, climate change and shifting energy markets. He reaffirmed the Authority's commitment to transparent regulation, fuel quality assurance and positioning Ghana as a competitive petroleum hub in West Africa.

    17 July 2026 · Joy Online

  2. NPA chief calls for stronger sector partnerships to secure petroleum future

    The National Petroleum Authority's Chief Executive called for stronger collaboration among governments, regulators and private sector players to build a resilient and sustainable energy sector, saying global geopolitical tensions, climate change and changing energy markets require countries to adopt stronger partnerships to protect energy security while promoting economic growth.

    17 July 2026 · Joy Online

Thursday 16 July

  1. Oil marketing companies begin fuel price increases across Ghana

    Star Oil and GOIL have increased petrol prices to GH¢13.67 and GH¢13.88 per litre respectively, with diesel also rising significantly. The increases align with industry projections and price floors set by the National Petroleum Authority.

    16 July 2026 · Joy Online

  2. Oil Marketing Companies increase fuel prices across Ghana

    Some Oil Marketing Companies have begun raising petroleum product prices at the pumps, with Star Oil selling petrol at GH¢13.67 and diesel at GH¢16.27, and more OMCs expected to adjust prices in response to market developments driven by geopolitical tensions.

    16 July 2026 · Joy Online

Wednesday 15 July

  1. Zeepay responds to Bank of Ghana licence revocation

    Zeepay Ghana Limited has announced it is working closely with the Bank of Ghana and relevant stakeholders following the revocation of its Dedicated Electronic Money Issuer licence on July 14, citing breaches of regulatory requirements including failure to maintain required cash backing for issued electronic money.

    15 July 2026 · Joy Online

  2. Digital Chamber backs BoG's revocation of Zeepay DEMI licence

    The Digital Chamber of Ghana has endorsed the Bank of Ghana's decision to revoke Zeepay Ghana Ltd's Dedicated Electronic Money Issuer licence, assuring the public that the regulatory action does not undermine stability of the country's digital payments ecosystem. The Chamber said it is working with the central bank to protect affected customers, agents and merchants while minimizing disruptions.

    15 July 2026 · Joy Online

  3. Fuel prices to rise from July 16 amid geopolitical tensions

    Oil marketing companies expect petrol to sell for about GH¢14.52 per litre and diesel for around GH¢16.00 per litre from July 16, 2026, driven by renewed geopolitical tensions pushing up international crude oil prices and a slight weakening of the cedi.

    15 July 2026 · Joy Online

Tuesday 14 July

  1. Digital Chamber backs Bank of Ghana's Zeepay licence revocation

    The Digital Chamber of Ghana has backed the Bank of Ghana's decision to revoke Zeepay Ghana Ltd's Dedicated Electronic Money Issuer licence, assuring the public that the country's digital payments ecosystem remains stable and pledging to work with the Central Bank to protect affected customers, agents and merchants.

    14 July 2026 · Joy Online

Friday 10 July

  1. Fuel prices to fall from July 16, COMAC CEO says

    Dr. Riverson Oppong, CEO of the Chamber of Oil Marketing Companies, says petroleum product prices will be reduced at pumps from July 16, 2026, based on international market developments and cedi stability over the past month.

    10 July 2026 · Joy Online

  2. US-Iran tensions fuel price volatility, Ghana dealers struggle

    Fresh tensions between the United States and Iran are shaking global oil markets and exposing Ghana's fuel industry to sharp price swings. The Chamber of Oil Marketing Companies CEO says falling prices pose particular challenges for fuel dealers managing their revenues amid geopolitical uncertainty.

    10 July 2026 · Joy Online

Wednesday 1 July

  1. OMCs cut fuel prices; GOIL reduces petrol to GH¢12.79

    Oil Marketing Companies have begun reducing fuel prices following industry projections and NPA price floor announcements. GOIL has cut petrol from GH¢13.87 to GH¢12.79 per litre and diesel from GH¢15.95 to GH¢15.35 per litre, with other major players expected to follow.

    1 July 2026 · Joy Online

Tuesday 16 June

  1. Fuel prices fall as OMCs cut petrol, diesel prices

    Oil Marketing Companies including GOIL and Zen Petroleum have reduced petrol and diesel prices in line with Ghana's bi-weekly fuel price review, following the National Petroleum Authority's announcement of lower price floors for the June 16–30 pricing window.

    16 June 2026 · Joy Online

Monday 15 June

  1. COMAC CEO optimistic Iran-US tensions easing could lower crude oil prices

    The Chief Executive Officer of the Chamber of Oil Marketing Companies says easing tensions between Iran and the United States could sustain recent declines in global crude oil prices and push them below $80 per barrel. Crude oil prices have dropped from about $110 to $97 per barrel this month, attributed to weaker Chinese imports, record-high US oil exports, and strategic petroleum reserve releases.

    15 June 2026 · Joy Online

  2. Fuel prices to fall sharply from June 16 amid global oil declines

    Petrol, diesel, and LPG prices are projected to drop significantly during the second pricing window of June, with petrol expected to fall by up to 9.31% to around GH¢14.72 per litre. The decline is attributed to falling global oil prices, though cedi depreciation has limited the extent of the cuts.

    15 June 2026 · Joy Online

Monday 1 June

  1. Some OMCs increase fuel prices; Star Oil petrol at GH¢15.20

    Some Oil Marketing Companies have begun increasing petroleum product prices from June 1, 2026, in line with the bi-weekly price review under the deregulation policy. Star Oil raised petrol to GH¢15.20 per litre, matching the National Petroleum Authority's price floor, while the Chamber of Oil Marketing Companies projects petrol could rise 4.20–6.20%.

    1 June 2026 · Joy Online

  2. Petrol and LPG prices to rise, diesel to fall this pricing window

    The Chamber of Oil Marketing Companies projects petrol prices will increase by 4.2% to 6.2% and LPG by up to 2.24%, while diesel is expected to decline by 1.65% to 2%. COMAC attributed the mixed movements to international market developments and ongoing government-industry interventions on fuel pricing.

    1 June 2026 · Joy Online

Chamber of Oil Marketing Companies — Ghanaian press coverage · Ghana Minute