Organizations that distribute and market petroleum products in Ghana, setting retail prices within National Petroleum Authority price floors under Ghana's fuel pricing framework.
… 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 …
… 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. …
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). …
… 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. …
… Under the current system, Bulk Distribution Companies blend the fuel, while Oil Marketing Companies distribute it to Landing Beach Committees for onward sale to fishermen. …
… Under the current system, Bulk Distribution Companies blend the fuel, while Oil Marketing Companies distribute it to Landing Beach Committees for onward sale to fishermen. …
… The NPA has reminded Oil Marketing Companies (OMCs) and LPG Marketing Companies (LPGMCs) that they are required to comply with the announced floors, although they are permitted to add their own margins, meaning actual pump prices may vary across stations. …
… Twum-Barimah emphasised that the current policy, which sets a minimum retail price for petroleum products, has effectively restricted Oil Marketing Companies (OMCs) from leveraging their operational efficiencies to offer lower prices to consumers. …
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.