The Executive Director of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has warned that fuel prices will continue to rise as global demand and other cost pressures persist. …
… Speaking on Adom FM’s Dwaso Nsem, COPEC Executive Secretary Duncan Amoah said constantly relying on tax reductions is not a long-term solution to fuel price pressures. …
… In a statement issued yesterday, the Executive Secretary of COPEC, Duncan Amoah, attributed the expected increases largely to rising international petroleum prices. …
… In a statement signed by its Executive Secretary, Duncan Amoah, COPEC is proposing a GH¢1 per litre relief for petrol consumers while urging the government to maintain the GH¢2 per litre subsidy on diesel until global petroleum price benchmarks return to normal levels. …
The Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, says continued increases in fuel prices will inevitably put pressure on public transport fares. …
Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has welcomed the government’s decision to extend its GH¢2 per litre intervention on diesel, describing it as a demonstration that authorities are listening to the concerns of ordinary Ghanaians. …
… In an interview on Joy FM’s Midday News, COPEC Executive Secretary, Duncan Amoah, said the reported extension of the government’s GH¢2 per litre intervention on diesel is a welcome development, particularly for consumers who would otherwise have faced a sharp increase in pump pri …
Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has criticised the government’s approach to the implementation of the 24-hour economy, arguing that public funds should not be used primarily to construct markets under the initiative. …
… Speaking on Channel One TV on Saturday, August 8, the Executive Secretary of COPEC, Duncan Amoah, said the reserve could be deployed during periods of severe price increases or when international supply disruptions prevent fuel cargoes from reaching Ghana. …
The Executive Director of the Chamber of Petroleum Consumers has warned that fuel prices will continue to rise as global demand and other cost pressures persist, including seasonal demand during winter, higher premiums, and logistics costs. He called for greater reliance on local refining to reduce costs associated with importing refined petroleum products.
The Executive Director of the Chamber of Petroleum Consumers has warned that fuel prices will continue to rise as global demand and other cost pressures persist, including seasonal demand during winter, higher premiums, and logistics costs. He called for greater reliance on local refining to reduce costs associated with importing refined petroleum products.
The Chamber of Petroleum Consumers has urged government to establish a strategic petroleum reserve as a more sustainable alternative to repeatedly cutting taxes when fuel prices rise, arguing that building a structured system to reserve products during low-price periods would provide a more reliable buffer for the economy and consumers than relying on tax interventions.
COPEC projects petrol to rise to GH¢16.26 per litre (up 4.24 percent from GH¢15.60) and diesel to GH¢19.07 per litre (up 10.23 percent from GH¢17.30) from September 16, 2026, citing increases in international crude oil prices from $89.30 to $103.07 per barrel.
The Chamber of Petroleum Consumers is calling for a GH¢1 per litre relief on petrol and continuation of a GH¢2 per litre diesel subsidy as fuel prices are projected to rise to GH¢16.26 for petrol and GH¢19.07 for diesel from September 16, attributed to increases in global crude oil and refined petroleum product prices.
The Executive Secretary of the Chamber of Petroleum Consumers says continued increases in fuel prices will put pressure on public transport fares as operators struggle with rising diesel and petrol costs. He cautioned that while fare adjustments may become necessary, they must be coordinated to protect commuters from excessive and inconsistent charges.
The Chamber of Petroleum Consumers' Executive Secretary Duncan Amoah has welcomed the government's decision to extend its GH¢2 per litre intervention on diesel beyond August 31, saying it demonstrates the government is listening to ordinary Ghanaians' concerns. Amoah noted that without the extension, diesel prices could have risen to almost GH¢20 per litre, but cautioned that the intervention should not become permanent and urged the government to pursue medium- and long-term solutions to fuel price challenges.
The Chamber of Petroleum Consumers has called on government to move beyond short-term interventions like the reported extension of a GH¢2 per litre subsidy on diesel, and instead implement medium- to long-term solutions to Ghana's persistent fuel price pressures.
The Chamber of Petroleum Consumers projects petrol, diesel, and LPG prices will record marginal increases from September 1, 2026, with petrol expected to rise 5% to GH¢16.21 per litre despite global crude oil price declines and cedi appreciation, due to a significant 10% increase in international petrol FOB prices.
COPEC's Duncan Amoah has criticised the government's 24-hour economy strategy, arguing that public funds should focus on creating conditions for night-time business activity — such as security and street lighting — rather than constructing markets, which risks waste if cultural barriers to night-time work persist.
The Chamber of Petroleum Consumers has called on government to establish a strategic petroleum reserve to shield consumers from sudden fuel price increases and supply disruptions. The reserve would allow the state to purchase and store petroleum when international prices are favourable and release them when prices rise, with part of locally refined products channelled into the stock.
Duncan Amoah, Executive Secretary of the Chamber of Petroleum Consumers, has rejected claims that investigations into politicians and public officials amount to attacks on Ghana's democracy, stating that accountability is a key part of a functioning democratic system. His remarks follow the NPP's "Democracy Under Attack" demonstration on August 6, 2026.
The Executive Secretary of the Chamber of Petroleum Consumers has cautioned political actors against using veiled threats in political discourse, warning that such rhetoric could discourage legitimate investigations and create a culture of impunity. He disagreed that Ghana's democracy is currently under attack, but expressed concern about growing subtle threats in political conversations.
The Executive Secretary of the Chamber of Petroleum Consumers welcomes government's ¢2-per-litre diesel intervention as relief but says it is not sustainable. He argues Ghana needs a permanent mechanism and strategic fuel reserve programme to address long-term fuel price challenges rather than relying on periodic interventions.
The Chamber of Petroleum Consumers cautions that while the government's temporary GH¢2.00-per-litre reduction in the regulatory margin on diesel provides short-term relief, such interventions are unlikely to be fiscally sustainable if repeated. The measure, approved by President Mahama effective August 4, is intended to cushion consumers and businesses against rising fuel prices and protect broader economic objectives.
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.