Also known as: OMCs
Private sector entities that distribute and retail petroleum products in Ghana's downstream industry, operating under NPA price floors and regulatory margins.
News reports
Order a long-term news report on Oil Marketing Companies
Every mention in the Ghanaian press over the period you choose, compiled as a PDF or Word document.
Verbatim sentences from the source article.
Joy Online
Oil Marketing Companies (OMCs) have begun adjusting pump prices for the first pricing window in November, with petrol prices falling and diesel prices rising. …
Petrol drops to GH¢16.38, diesel rises to GH¢18.45 as OMCs adjust pump pricesJoy Online
… trust for the refinery and the storage because at the time people were bringing petroleum products here, and then it got missing,” he said. “And as a result of that, they stopped bringing petroleum products here.” Mr Kombat said he personally engaged BDCs, Oil Marketing Companies …
Restoring BDC confidence helped turn around TOR – MDJoy Online
… Mr Tamakloe explained that the law created different layers within the industry, including Bulk Distribution Companies and Oil Marketing Companies, with limited direct participation by the state. …
Why Government doesn’t control most fuel stocks – NPA boss explainsJoy Online
… Diesel is currently selling at around GH¢17 per litre at most Oil Marketing Companies (OMCs). …
Government keeps GH¢2 diesel price cut for SeptemberJoy Online
… In the notice, the NPA reminded all industry players, including Oil Marketing Companies (OMCs) and LPG Marketing Companies (LPGMCs), not to sell petroleum products below the approved price floor during the pricing window. …
NPA reduces price floor from August 16, petrol to sell at GH¢ 13.92, diesel pegged at GH¢ 15.19Joy Online
Chief Executive of the Chamber of Oil Marketing Companies (COMAC), Dr Riverson Oppong, has welcomed the government’s GH¢2 per litre diesel subsidy. …
GH¢2 diesel subsidy will cushion consumers amid global fuel market volatility – COMACJoy Online
… This sets new benchmark prices for oil marketing companies across the country. The revised price floors, which take effect from August 4 to August 15, 2026, peg petrol at GH¢14.53 per litre, diesel at GH¢14.97 per litre, and liquefied petroleum gas (LPG) at GH¢11.06 per kilogramm …
NPA revises fuel price floors for August 4-15 pricing windowJoy Online
… The revised benchmarks represent increases of 9.4% and 18.3% respectively over the previous pricing window, although several Oil Marketing Companies (OMCs) had already adjusted their pump prices, with some retailing diesel for more than GH¢18 per litre. …
Sammi Awuku questions government over fresh fuel price hikes, demands answers on levy promiseJoy Online
The Chief Executive Officer of the Chamber of Oil Marketing Companies (COMAC), Dr Riverson Oppong, says recent increases in fuel prices at the pumps are a direct result of rising international market costs and not increased margins by Oil Marketing Companies (OMCs). …
Fuel price hikes driven by international trends, not OMC margins — COMACJoy Online
… The GH¢0.60 reduction represents a 4.5 per cent decrease and could translate into lower prices at the pumps if Oil Marketing Companies (OMCs) adjust their retail prices accordingly. …
NPA cuts fuel price floors ahead of July pricing window as petrol, diesel and LPG expected to become cheaperOil Marketing Companies have begun adjusting November pump prices, with petrol falling to GH¢16.38 per litre at Star Oil and diesel rising to GH¢18.45 per litre. The Chamber of Oil Marketing Companies projected a 3.35% reduction in petrol prices, a 1.50% increase in diesel prices, and a 0.81% rise in LPG prices for the November 1–15 pricing window.
6 hours ago · Joy Online →
Oil Marketing Companies have begun adjusting November pump prices, with petrol falling to GH¢16.38 per litre at Star Oil and diesel rising to GH¢18.45 per litre. The Chamber of Oil Marketing Companies projected a 3.35% reduction in petrol prices, a 1.50% increase in diesel prices, and a 0.81% rise in LPG prices for the November 1–15 pricing window.
6 hours ago · Joy Online →
TOR's Managing Director Edmund Kombat attributed the refinery's turnaround to rebuilding the confidence of Bulk Distribution Companies, who had stopped using TOR's storage after products went missing. His personal engagement with BDCs and assurances of full accountability prompted their return, generating revenue through storage charges and transfers.
22 September 2026 · Joy Online →
The National Petroleum Authority CEO Godwin Edudzi Tamakloe explained that Ghana's downstream petroleum industry was deliberately designed around private-sector participation, with government not directly controlling most fuel stocks. He said Ghana currently has not less than 6 weeks of fuel cover and that rising prices, not supply availability, are his immediate concern.
18 September 2026 · Joy Online →
The government has extended its GH¢2 per litre reduction in the regulatory margin on diesel into September's first pricing window, a temporary measure originally set to expire at the end of August. The extension aims to shield motorists, transport operators and businesses from rising fuel prices amid elevated international crude oil costs.
31 August 2026 · Joy Online →
Ghana's National Petroleum Authority has cut the price floor for petrol to GH¢13.92 per litre (down 4.1%) and diesel to GH¢15.19 per litre (down 10.48%) effective August 16, 2026. Whether consumers see actual price reductions remains unclear, as oil marketing firms currently price above the floor.
14 August 2026 · Joy Online →
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 →
The National Petroleum Authority has announced revised ex-pump price floors for petroleum products effective August 4–15, 2026: petrol at GH¢14.53 per litre, diesel at GH¢14.97 per litre, LPG at GH¢11.06 per kilogramme, MGO Local at GH¢16.08 per litre, and kerosene at GH¢14.46 per litre. These minimum prices do not include premiums from international trading companies, distribution margins, or marketer and dealer margins, which companies determine independently under the Petroleum Product Pricing Guidelines.
3 August 2026 · Joy Online →
Akuapem North MP Sammi Awuku has criticised the government over the latest fuel price increases, questioning why the Price Stabilisation and Recovery Levy has not cushioned consumers against price shocks and arguing that the current pricing mechanism lacks effectiveness.
2 August 2026 · Joy Online →
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 →
The National Petroleum Authority has announced significant reductions in official price floors for petroleum products in the first pricing window of July: petrol down 4.5 per cent to GH¢12.79 per litre, diesel down 10.4 per cent to GH¢13.54 per litre, and LPG down 23.6 per cent to GH¢10.11 per kilogram. The price floors represent minimum selling prices for Oil Marketing Companies and LPG Marketing Companies, though actual retail prices may vary based on additional charges and operating margins.
30 June 2026 · Joy Online →
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 →
The Minister for Fisheries and Aquaculture has directed Landing Beach Committees not to sell premix fuel above GH¢180 per yellow "Kufour gallon," warning that sanctions will be imposed on those who violate the directive. The minister stressed that the government's premix fuel subsidy was intended to support artisanal fishermen, not enrich middlemen or committee members.
11 June 2026 · The Chronicle →
Fisheries Minister Emelia Arthur has directed Landing Beach Committees not to sell premix fuel above GH¢180 per yellow "Kufour gallon" and warned of sanctions for non-compliance, emphasizing that the government subsidy programme is intended to support artisanal fishermen rather than enrich middlemen or committee members.
11 June 2026 · Joy Online →
Ghana's National Petroleum Authority has set lower ex-pump price floors for May 1–15, with petrol at GH¢13.25 per litre and diesel at GH¢14.30 per litre. Diesel has fallen GH¢1.80 per litre from the previous fortnight, continuing an easing trend after sharp increases earlier in April.
28 April 2026 · Joy Online →
Former MP Paul Twum-Barimah has called on the National Petroleum Authority to abolish the fuel price floor, arguing it restricts competition and prevents Oil Marketing Companies from offering lower prices to consumers despite having the operational capacity to do so.
26 April 2026 · Business & Financial Times →