Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd
The National Petroleum Authority (NPA) has increased the price floor for various petroleum products, effective July 16, 2026.
Based on a notice sent to industry players and seen by JOY BUSINESS, the price for petrol has increased from GHC 12.79 to GHC 13.28 per litre.
Diesel has also been increased from GHC 13.54 to GHC 14.35 per litre.
The development means fuel prices are expected to increase from Thursday, July 16, 2026.
This is because, under the current regulations governing the industry, no Oil Marketing Company (OMC) or LPG Marketing Company (LPGMC) is permitted to sell petroleum products below the approved price floor during the pricing window.
It also means that any oil marketing company currently selling below these thresholds will be required to adjust its pump prices accordingly from July 16.
Source: newsthemegh.com