… Speaking in an interview on JoyNews’ The Pulse, the COPEC Executive Director, Duncan Amoah, said while government’s decision to reduce diesel prices by GH¢2 per litre is a welcome relief for consumers, such measures are not a sustainable solution to fuel price volatility. …
… COPEC Executive Secretary Duncan Amoah said the decision was necessary following the sharp rise in diesel prices, which had pushed the cost of the product close to GH¢20 per litre at some fuel stations. …
… The Executive Secretary of COPEC, Duncan Amoah, also appealed to the government to restore the fuel intervention, recalling that the previous measure reduced diesel prices by GH¢2 per litre and petrol prices by GH¢2.09 per litre when fuel costs surged.
… Executive Director of COPEC, Duncan Amoah, says the recent upward adjustment in local pump prices is consistent with developments on the global market and should not come as a surprise. …
The Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has renewed calls for former Finance Minister Ken Ofori-Atta to account for decisions taken during his tenure, arguing that public confidence in governance depends on holding former public offici …
The Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has called on government to establish a strategic fuel stock programme to protect consumers from recurring increases in fuel prices driven by international market volatility. …
… In a statement signed by Executive Secretary, Duncan Amoah, COPEC urged Oil Marketing Companies to implement the reductions promptly to ease the burden on consumers. …
… According to a statement signed by Duncan Amoah, Executive Secretary of COPEC, it said global crude oil prices have dropped by about 19.69%, from $97.32 per barrel to $78.16 per barrel. …
… This is according to projections by the Chamber of Petroleum Consumers (COPEC), as its Executive Secretary, Duncan Amoah, says consumers should see relief across petrol, diesel and LPG in the first pricing window of July. …
… Speaking to JOYBUSINESS, the Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, described the initiative as timely given current developments in the Middle East. …
The Chamber of Petroleum Consumers has urged government to establish a strategic fuel reserve system instead of relying on periodic pump price interventions. COPEC argues that such a programme would allow Ghana to purchase and store petroleum products when international prices are favourable, providing a more sustainable response to price volatility without sacrificing tax revenue.
The Chamber of Petroleum Consumers has urged government to establish a strategic fuel reserve system instead of relying on periodic pump price interventions. COPEC argues that such a programme would allow Ghana to purchase and store petroleum products when international prices are favourable, providing a more sustainable response to price volatility without sacrificing tax revenue.
The Chamber of Petroleum Consumers has welcomed President Mahama's directive for government to absorb GH¢2 on every litre of diesel as a necessary intervention following sharp price rises, but cautioned that relying on short-term measures risks leaving the underlying fuel price problem unresolved.
Transport operators are set to meet the Ministry of Transport to discuss a proposed 30 per cent increase in transport fares, citing rising fuel prices and increasing vehicle spare parts costs. The Chamber of Petroleum Consumers has urged the government to reintroduce fuel price intervention measures to help ease the financial burden on transport operators and commuters.
COPEC warns that fuel prices in Ghana could increase again this week as international crude oil and refined petroleum prices continue to climb, with petrol selling at GH₵14.5 per litre and diesel nearing GH₵18.
COPEC's executive secretary Duncan Amoah has renewed calls for former Finance Minister Ken Ofori-Atta to account for decisions during his tenure, arguing that public confidence in governance requires holding former officials accountable regardless of political affiliation. Amoah suggested unresolved issues from Ofori-Atta's time could pose a political challenge for the NPP ahead of the 2028 election, as Ofori-Atta faces corruption-related charges while remaining in the United States.
The Chamber of Petroleum Consumers has called on government to establish a strategic fuel stock programme to protect consumers from fuel price hikes driven by international market volatility, arguing Ghana's reliance on imported refined petroleum leaves it vulnerable as a price taker in global markets.
Motorists can expect lower fuel prices from July 1, 2026 following a 19.69% drop in global crude oil prices to $78.16 per barrel and a 3.14% appreciation of the cedi. The Chamber of Petroleum Consumers projects petrol to average GH¢13.36 per litre (down from GH¢14.24), diesel to drop to GH¢14.10 per litre (from GH¢16.26), and LPG to fall to GH¢10.05 per kilogram.
Petrol, diesel, and LPG prices are expected to drop significantly from July 1 due to a decline in global crude oil prices (down 19.69% to $78.16 per barrel) and a marginal appreciation of the cedi against the US dollar, according to the Chamber of Petroleum Consumers.
Global crude prices have fallen 19.69% to $78.16/barrel and the cedi has appreciated 3.14% against the US dollar, prompting COPEC to project significant declines in petrol, diesel, and LPG prices from July 1, 2026.
Private oil refinery firm Sentuo Oil Refinery has taken delivery of approximately one million barrels of Jubilee crude from Ghana's offshore fields for local processing. Industry analysts and the Chamber of Petroleum Consumers view the move as a significant step toward increasing domestic refining capacity and reducing reliance on imported petroleum products, with potential implications for fuel pricing through lower freight and insurance costs.
The Chamber of Petroleum Consumers' Executive Secretary has justified a 20 per cent increase in public transport fares announced by unions to take effect from 2 June 2026, saying the adjustment is warranted given rising fuel costs and operational expenses faced by transport operators.