A number of OMCs have started to modify pump prices.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

Some Oil Marketing Companies (OMCs) have begun adjusting prices at the pumps, with GOIL leading the way.

A litre of petrol is now selling at GH¢13.38, up from GH¢12.99 on September 2, 2025.

Diesel has also increased to GH¢14.20 per litre, from GH¢13.90. GOIL, the second-largest player in the industry, is the first to adjust prices after most OMCs kept theirs unchanged for about a week, despite projections that prices should have gone up by about 6% per litre from September 16.

Industry watchers are uncertain whether GOIL’s move will trigger similar increases across the more than 200 OMCs nationwide.

The main driver of the adjustment is the depreciation of the Ghana cedi against the US dollar.

Source: newsthemegh.com